The tenders will be held on September 22, 28, 29, and 30. The value dates for the first and second tenders will be September 24 and 30, respectively, and the swaps will mature on October 1 and 8, respectively.

The value dates for the remaining two tenders will be September 30, and the swaps will mature on October 1.

The MNB is not setting a cap on volume at the tenders.

The central bank started the practice of holding the end-of-quarter tenders in September 2020 "to improve the effectiveness of monetary policy transmission." The MNB noted that it would not hold its usual weekly tenders for FX swaps providing forint liquidity between September 20 and 30.