ÁKK exchanges HUF 38.5 bln of bonds
The Government Debt Management Agency (ÁKK) exchanged HUF 38.5 billion of bonds maturing in 2029, 2034, and 2041 for ones expiring in 2022 and 2023 at a switch auction on Wednesday.
ÁKK exchanged HUF 15 bln of 2029/A bonds for 2022/B bonds. Primary dealers bid to switch HUF 30.6 bln of the securities.
The agency also switched HUF 13.5 bln of 2034/A bonds for the 2022/B bonds. Bids reached HUF 27.8 bln.
ÁKK exchanged HUF 10 bln of 2041/A bonds for 2023/C bonds. Bids came to HUF 24.8 bln.
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