Primary dealers bid for HUF 46.2 bln of 2026/D bonds, of which the debt manager accepted HUF 20.0 bln.
The bonds were exchanged at an average yield of 2.65%. The yield compares to a 10-year secondary market yield of 2.78%.
The ÁKK also offered 2022/A bonds in exchange for ones maturing in 2019 at the switch auction, but refused all the HUF 43.4 bln bids it received.
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