ÁKK sells HUF 34.5 bln of floaters at switch auction
The Government Debt Management Agency (ÁKK) sold HUF 34.5 billion of floating-rate bonds maturing in 2029 for ones expiring in 2023 at a switch auction on Wednesday, according to a report by state news wire MTI.
ÁKK raised its original offer by HUF 9.5 bln after bids reached HUF 40.4 bln.
The agency exchanged the 2029/B bonds 2023/B bonds.
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