Finance Ministry borrows almost UAH 1.2 bln in domestic market

The Ukrainian Finance Ministry attracted UAH 1.177 billion (US$43.5 million) to the state budget at a weekly scheduled T-bills auction.

Hryvnia funds were raised through the placement of securities with 84-, 175-, 322- and 1,064-day maturity periods and a weighted average yield of 16%, 16.37%, 16.39% and 15.79% per annum, respectively, according to the ministry's website.

No foreign currency bonds have been placed.

Read alsoUkrposhta sells first bonds worth US$5.6 mlnUNIAN memo. The Finance Ministry attracted UAH 8.528 billion ($315 million) to the state budget at auctions on T-bills placement in January 2018.

As of February 19, the volume of government securities in circulation was UAH 745.926 billion ($27.6 billion) in principal debt, while the National Bank of Ukraine owns bonds worth UAH 356.229 billion ($13.2 billion), or 48% of their total volume.