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 46.50 bln for the exchange.
The 2026/D bonds sold at an average yield of 2.58%. The average yield of the 2020/C bonds was 0.40%.
The ÁKK also sold HUF 20 bln of 2028/A bonds for 2020/A bonds, also in line with its original offer, after bids reached HUF 30.20 bln.
The 2028/A bonds sold at an average yield of 2.71%, while the average yield of the 2020/A bonds was 0.44%.
Of the closest secondary market benchmarks, the three-year benchmark calculated on 2021/C bonds was 1.05%, the five-year benchmark calculated on 2024/C bonds was 2.22%, and the ten-year benchmark calculated on 2027/A bonds was 2.71%.
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