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 35.08 bln for the exchange.
The 2026/D bonds sold at an average yield of 3.16%. The average yield of the 2020/A bonds was 0.61%.
The ÁKK also sold HUF 20 bln of 2024/B bonds for 2020/C bonds. Bids reached HUF 51.57 bln.
The 2024/B bonds sold at an average yield of 2.52%. The average yield of the 2020/C bonds was 0.55%.
Of the closest secondary market benchmarks, the three-year benchmark calculated on 2021/C bonds was 1.37%, the five-year benchmark calculated on 2024/C bonds was 2.77%, and the ten-year benchmark calculated on 2027/A bonds was 3.25%.
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