The MNB allocated HUF 10 bln of five-year MIRS and HUF 40 bln of ten-year swaps, in line with the announced offered amounts.
Lendersʼ bids came to HUF 36.04 bln for the five-year facility, and HUF 96.58 bln for the ten-year swaps.
The fixed rates for the swaps were 0.46% for the five-year and 1.17% for the ten-year swaps. The floating interest rate in the first period was 0.02%.
MNB policymakers decided in November 2017 to launch the MIRS facility, setting a HUF 600 bln allocation for the first half of 2018. The MNB is holding MIRS tenders every other Thursday.
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