ÁKK sold HUF 8 bln of 2022/A bonds for payments with 2016/D bonds, less than the HUF 25 bln original offer. Bids reached HUF 17.8 bln. Average auction yield was 3.34%.

ÁKK sold HUF 18 bln of 2024/B bonds for 2017/A bonds after receiving bids for HUF 21.1 bln. Average auction yield was 3.49%.

Demand fell from the previous exchange auction on February 25 when ÁKK sold a combined HUF 79 bln bonds expiring in 2020 and 2023 for 2017/A bonds.

The closest, ten-year secondary market yield, calculated on 2025/B bonds, was 3.49% on Tuesday, up 19 basis points in a day. All secondary market yields on the over-one-year terms rose steeply, by 13-19 bp on Tuesday.

ÁKK calculated 2016/D bonds a payment at a yield of 1.54%. It calculated 2017/A bonds at a yield of 1.64%.

The closest, twelve-month secondary market benchmark yield was 1.64% on Tuesday.