The ÁKK sold HUF 20 bln of 2026/D bonds for 2020/C bonds, in line with its original offer. Demand from primary dealers came to HUF 23.6 bln for the exchange. The 2026/D bonds sold at an average yield of 2.73%, while the 2020/C bonds were accepted at a fixed yield of 0.12% in the exchange.
The ÁKK also sold HUF 9 bln of 2028/A bonds for 2020/A bonds, down HUF 11 bln from its original offer. Bids reached HUF 17.5 bln. The 2028/A bonds sold at an average yield of 3.06%. The yield of the 2020/A bonds was fixed at 0.15%.
The five-year benchmark yield on 2024/C bonds was 2.12% on Tuesday. The ten-year benchmark yield on 2038/A bonds was 3.21%.
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