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The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking sector, will remain practically unchanged at HUF 1.787 tln after a weekly tender on Monday, according to a report by state news wire MTI.
MNB allotted HUF 26.91 bln of six-month swaps and HUF 26.91 bln of 12-month swaps, practically level with the HUF 15.51 bln of three-month, HUF 19.24 bln of six-month and HUF 18.87 bln of 12-month swaps maturing on September 2, the value date of the tender.