MNB allotted HUF 69.4 billion of 12-month swaps on Monday, a fraction less than the HUF 69.9 bln of twelve-month swaps maturing on April 21, the value date of the tender.

After payments and redemptions, the FX swap stock will comprise approximately HUF 1.417 trillion of 12-month swaps and HUF 41.2 bln of six-month swaps.