ÁKK sold HUF 20 bln of 2024/B bonds accepting 2018/B bonds as payment. 

Bids by primary dealers reached HUF 44.74 bln.

ÁKK had planned to exchange HUF 20 bln for the 2018/B bonds.

The 2024/B bonds sold at an average yield of 2.75% at the exchange.
Of the closest secondary market benchmarks, the five-year benchmark, calculated on 2021/B bonds, was 2.00% and the ten-year benchmark, calculated on 2027/A bonds, was 2.85% on Tuesday.