BUDAPEST: The Government Debt Management Agency (ÁKK) bought a combined HUF 13.28 bln of bonds before maturity at a reverse auction on Wednesday, over the HUF 10 bln plan.
ÁKK bought back HUF 10.9 bln of 2016/D bonds, which mature on December 22, 2016, accepting all the bids. Average yield was 0.73%, 4 bps over the twelve-month secondary market benchmark. ÁKK bought back HUF 2.32 bln of 2016/C bonds, which mature on February 12, 2016. Bids came to HUF 2.69 bln.
Average yield was 0.72%, 6 bps over the six-month secondary market benchmark.
