ÁKK sold HUF 10 bln of 2026/D bonds for 2022/A ones, HUF 10 bln below its original offer. Demand by primary dealers came to HUF 15.55 bln for the exchange.
ÁKK also sold HUF 20 bln of 2031/A bonds for 2022/A bonds, in line with its original offer. Bids reached HUF 31.94 bln.
The 2026/D bonds sold at an average yield of 1.73% and the 2031/A bonds at a yield of 2.29%. The average yield of the 2022/A bonds was 0.72%.
Of the closest secondary market benchmarks, the five-year benchmark calculated on 2025/C bonds was 1.59% and the 10-year benchmark calculated on 2030/A bonds was 2.26%.
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