ÁKK sold HUF 15bn of 2029/A bonds for 2022/A bonds, raising its original offer by HUF 5 bln. Primary dealers bid to switch HUF 47.45 bln of their securities.
The agency sold HUF 10 bln of 2034/A bonds for 2022/B bonds, in line with its original offer after bids reached HUF 19.88 bln.
ÁKK also sold HUF 13 bln of 2038/A bonds for 2023/C bonds, raising its original offer by HUF 3 bln. Bids came to HUF 20.08 bln.
The average yield for the 2029/A bonds was 2.22%, the average yield of the 2034/A bonds was 2.88%, and the average yield of the 2038/A bonds was 3.15%. The average yield for 2022/A bonds and 2022/B bonds was both 0.54% and the average yield of the 2023/C bonds was 0.85%.
The secondary market ten-year benchmark yield was 2.72% and the fifteen-year benchmark was 3.16% on Tuesday.
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