Ukraine's Finance Ministry borrows over UAH 7 mln, US$41.279 mln on domestic market

The total hryvnia equivalent of the raised funds at the NBU forex rate was UAH 1.160 billion.

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Ukraine's Finance Ministry has borrowed UAH 7.078 million (US$253,419) and US$41.279 million for the national budget at the latest weekly auction to place government domestic loan bonds.

The hryvnia funds were raised through the placement of securities with 112-day maturity period and a weighted average yield of 19% per annum, while those in U.S. dollars – with 245-, 470-, 574-, and 729-day maturity periods and a weighted average yield of 7%, 7.5%, 7.5%, and 7.5% per annum, respectively, according to the ministry's website.

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As reported, the total hryvnia equivalent of the funds raised was UAH 1.160 billion at the forex rate of the National Bank.

UNIAN memo. Government securities worth UAH 751.526 billion in principal debt were in circulation as of October 16. The National Bank of Ukraine currently owns bonds worth UAH 348.100 billion, or 46% of their total volume.

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