ÁKK Purchases HUF 38.8 bln of Bonds at Buyback Auction

Debt

The Government Debt Management Agency (ÁKK) purchased HUF 38.8 billion of bonds before maturity at a buyback auction on Wednesday, according to a report by state news wire MTI.

ÁKK bought back HUF 21 bln of 2024/B bonds, maturing on June 26. It also bought back HUF 17.8 bln of 2024/C bonds, maturing on October 24.

Primary dealers had offered for repurchase HUF 23 bln of the 2024/A bonds and HUF 29.8 bln of the 2024/C bonds, according to the report.

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