ÁKK exchanges HUF 38.5 bln of bonds

Debt

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.

ADVERTISEMENT

Czech economic confidence weakens in September Analysis

Czech economic confidence weakens in September

Parl't extends pandemic legal provisions Parliament

Parl't extends pandemic legal provisions

Energy Efficiency: End-users, Energy Traders and Other Stake... Inside View

Energy Efficiency: End-users, Energy Traders and Other Stake...

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.