ÁKK buys back HUF 8.2 bln of bonds at reverse auction
The Government Debt Management Agency (ÁKK) bought back a combined HUF 8.2 billion of 2012/B and 2012/C bonds before maturity at a repurchase auction on Wednesday.
ÁKK bought HUF 5.7 billion of the 2012/B bonds which mature on June 12, 2012. ÁKK accepted all offers submitted by primary dealers. Average yield was 7.31%, 6bp over the three-month secondary market benchmark.
ÁKK bought back just HUF 2.5 billion of the HUF 13.6 billion of 2012/C bonds offered by dealers. Average yield on the bonds, which mature on October 24, 2012, was 7.46%, 14bp over the six-month secondary market benchmark.
Watchdog Fines UniCredit Bank Hungary for Regulatory Shortfa...
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
