ÁKK buys back HUF 6.7 bln of bonds at reverse auction
The Government Debt Management Agency (ÁKK) bought back HUF 6.9 bln of bonds before their maturity in 2015 and 2016 at a reverse auction on Wednesday.
Primary dealers offered a combined HUF 14.9 bln of the papers, with offers focusing on the bond expiring in 2016. There were no offers for the early sale of 2015/C bonds expiring next August.
Demand and the repurchases both fell moderately from the previous reverse auction one week earlier. The shortest average repurchase yield fell slightly while the longest yield rose.
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