Ukraine's Finance Ministry borrows almost UAH 2.8 bln, US$187 mln, EUR 69 mln on domestic market

The hryvnia equivalent of the raised funds at the NBU rate amounted to UAH 10.038 billion.

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Ukraine's Finance Ministry has borrowed UAH 2.797 billion (US$103 million), US$187 million, and EUR 69 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 91-, 175-, 329-, and 672-day maturity periods and a weighted average yield of 18%, 18%, 17.8%, 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 105- and 203-day maturity periods and a weighted average yield of 5.52% and 5.89% per annum, respectively, while those in euros – with a 77-day maturity period and a 4.39% weighted average yield per annum.

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As reported, the hryvnia equivalent of the funds raised amounted to UAH 10.038 billion at the rate of the National Bank.

UNIAN memo. As of August 7, there were government securities in circulation worth UAH 746.263 billion in principal debt, while the National Bank of Ukraine owns bonds worth UAH 349.373 billion, or 47% of their total volume.

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