The MNB allocated HUF 10 bln of five-year MIRS and HUF 40 bln of ten-years MIRS, in line with the announced offered amounts.
Lendersʼ bids came to HUF 53.8 bln for the five-year swaps and HUF 115.3 bln for the ten-year swaps.
The MNB said 21 banks participated at the tender for the five-year MIRS and 19 for the ten-year MIRS.
The fixed rate was 0.46% for the five-year MIRS and 1.17% for the ten-year MIRS.
The secondary market yield on the benchmark five-year government security was 1.45% on Thursday. The ten-year benchmark yield was 2.53%.
MNB policy-makers decided in November to launch the MIRS facility, setting a HUF 300 bln allocation for the first quarter of 2018. The MNB is holding tenders for the MIRS every other Thursday.
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