ÁKK sold HUF 9 bln of 2029/A bonds, accepting 2023/A bonds as payment. Primary dealers had bid to switch HUF 25.6 bln of the securities.
The agency also sold HUF 10.5 bln of 2033/A bonds for 2024/B bonds and HUF 7 bln of 2033/A bonds for 2023/C bonds. Bids for the securities came to HUF 23.6 bln and HUF 16.9 bln, respectively.
ÁKK had planned to switch HUF 6 bln of the 2029/A bonds, HUF 7 bln of the 2033/A bonds for 2024/B bonds and HUF 7 bln of the 2033/A bonds for 2023/C bonds.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
