ÁKK sold HUF 15 bln of 2029/A bonds for 2022/B bonds, raising its original offer by HUF 5 bln. Primary dealers bid to switch HUF 37.87 bln of their securities.
The agency also sold HUF 10 bln of 2034/A bonds for 2023/C bonds, in line with its original offer after bids reached HUF 15.8 bln.
ÁKK sold HUF 10 bln of 2038/A bonds for 2023/C bonds, in line with its original offer. Bids came to HUF 20.4 bln.
The average yield for the 2029/A bonds was 2.4%, the average yield of the 2034/A bonds was 3.13% and the average yield of the 2038/A bond was 3.42%. The average yield for 2022/B bonds was 0.81% and the average yield for the 2023/C bonds was 1.15%.
The secondary market five-year benchmark yield was 2.03%, the 10-year benchmark yield was 2.92% and the 15-year benchmark yield was 3.41% on Tuesday.
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