Ukraine's Finance Ministry borrows almost UAH 5 bln on domestic market

As reported, the hryvnia equivalent of the raised funds amounted to UAH 4.976 billion at the rate of the National Bank.

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Ukraine's Finance Ministry has borrowed UAH 1.2 billion, US$71.551 million and EUR 60.499 million for the national budget at the latest weekly auction to place government domestic loan bonds.

Hryvnia funds were raised through the placement of securities with 70- and 686-day maturity periods and a weighted average yield of 18% and 16.8% per annum, respectively, according to the ministry's website.

Foreign currency funds were raised through the placement of securities in U.S. dollars with 140-, 217- and 455-day maturity period and a weighted average yield of 5.1%, 5.25% and 5.55% per annum, respectively.

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As reported, the hryvnia equivalent of the raised funds amounted to UAH 4.976 billion at the rate of the National Bank.

UNIAN memo. As of July 24, there were government securities in circulation worth UAH 743.185 billion in principal debt, while the National Bank of Ukraine owned bonds worth UAH 350.322 billion, or 48% of their total volume.

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