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.
ADVERTISEMENT
Szijjártó: Nuclear Energy Key to Achieving Climate Goals
Varga in Talks With Big Firms on Global Min Corporate Tax Ra...
Wizz Air Celebrates 2.5 Millionth Passenger Flying From Debr...
Budapest Ranked 4th Best Autumn Getaway Spot in Europe
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.
