ÁKK sells HUF 60 bln of bonds at switch auction
The Government Debt Management Agency (ÁKK) sold HUF 60 billion of bonds maturing in 2027 and 2029, accepting ones expiring in 2023 as payment at a switch auction on Wednesday, state news wire MTI reports.
ÁKK sold HUF 30 bln of 2027/B bonds for 2023/B bonds, raising its original offer by HUF 10 bln. Bids reached HUF 64.78 bln.
The agency also sold HUF 30 bln of 2029/B bonds for 2023/B bonds, raising its original offer by HUF 10 bln. Bids reached HUF 103.72 bln.
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