The ÁKK sold HUF 20 bln of 2028/A bonds for 2021/C bonds, in line with its original offer. Bids reached HUF 26.15 bln.
The 2028/A bonds sold at an average yield of 2.74%. The average yield of the 2021/C bonds was 0.37%.
The ÁKK also tried to sell HUF 20 bln of 2026/D bonds for 2020/C bonds, but after receiving only HUF 21.30 bln of bids, it cancelled the auction.
Of the closest secondary market benchmarks, the five-year benchmark calculated on 2024/C bonds was 1.99%, while the ten-year benchmark calculated on 2030/A bonds was 3.09%.
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