While MNB accepted none of the bids for six- and twelve-month swaps, HUF 12.7 bln of 12-month swaps will mature on the value of date of the tender: July 21.

After that redemption, the FX swap stock will comprise nearly HUF 1.239 tln of 12-month swaps and HUF 70.5 bln of six-month swaps.