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ÁKK buys back HUF 13.1bn of bonds at reverse auction

The Government Debt Management Agency (ÁKK) repurchased a total of HUF 13.1bn of bonds before maturity at a reverse auction on Wednesday.

ÁKK bought back HUF 10.7bn of 2012/B bonds, which mature on June 12, 2012. Primary dealers submitted HUF 29.7bn of the bonds for repurchase.

Average yield at the auction was 7.22%.

ÁKK bought back HUF 2.4bn of 2012/C bonds, which mature on October 24, 2012. Primary dealers submitted HUF 14.2bn of the bonds for repurchase.

Average yield at the auction was 7.33%.