The ÁKK sold HUF 20 bln of 2026/D bonds for 2020/A bonds, in line with its original offer. Demand from primary dealers came to HUF 30.16 bln for the exchange.
The 2026/D bonds sold at an average yield of 3.58%, while the average yield of the 2020/A bonds was 1.31%.
The ÁKK also sold HUF 15 bln of 2024/B bonds for 2020/C bonds, below its original offer of HUF 20 bln, after bids reached only HUF 16.45 bln.
The 2024/B bonds sold at an average yield of 2.87%, while the average yield of the 2020/C bonds was 1.20%.
Of the closest secondary market benchmarks, the three-year benchmark calculated on 2021/C bonds was 1.83%, the five-year benchmark calculated on 2024/C bonds was 3.14%, and the ten-year benchmark calculated on 2027/A bonds was 3.73%.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
