ÁKK sold HUF 15.5 bln of 2029/A bonds for 2022/A bonds, lowering its original offer by HUF 4.5 bln. Bids reached HUF 24.95 bln.

The agency also sold HUF 5 bln of 2038/A bonds for 2022/B bonds, lowering its original offer by HUF 15 bln. Bids reached HUF 12.11 bln.

The 2029/A bonds sold at an average yield of 2.34% and the 2038/A bonds at 2.86%. The average yield of the 2022/A bond was 0.53% and the 2022/B bondʼs average yield was 0.88%.

The secondary market three-year benchmark yield, on 2023/C bonds, was 1.24%, the 10-year benchmark, on 2031/A bonds, was 2.42% and the 15-year benchmark, on the 2038/A, bonds was 2.78%.