ÁKK sold HUF 16 bln of 2026/D bonds for 2021/B ones, HUF 4 bln below its original offer. Demand by primary dealers came to HUF 20.67 bln for the exchange.
ÁKK sold HUF 20 bln of 2031/A bonds for 2022/A bonds, in line with its original offer. Bids reached HUF 34.72 bln.
The 2026/D bonds sold at an average yield of 1.55% and the 2031/A bonds at a yield of 2.04%. The average yield of the 2021/B bond was 0.41% and the average yield of the 2022/A bond was 0.43%.
Of the closest secondary market benchmarks, the three-year benchmark calculated on 2022/C bonds was 0.79%, the five-year benchmark calculated on 2025/C bonds was 1.54% and the 10-year benchmark calculated on 2030/A bonds was 2.09%.
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