Ukraine's Finance Ministry borrows over UAH 21 mln, US$8.4 mln, almost EUR 43 mln on domestic market

The total hryvnia equivalent of the raised funds at the NBU forex rate was UAH 1.618 billion.

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Ukraine's Finance Ministry has borrowed UAH 21.013 million (US$756,407), US$8.411 million, and EUR 42.961 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 105-, 182-, and 329-day maturity periods and a weighted average yield of 19%, 18.5%, and 18.5% per annum, respectively, according to the ministry's website.

The foreign currency funds were raised through the placement of securities in U.S. dollars with 189-, 315-, and 673-day maturity periods and a weighted average yield of 6.7%, 7.25%, and 7.5% per annum, respectively, while those in euros – with a 120-day maturity period and a 4.5% weighted average yield per annum.

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As reported, the total hryvnia equivalent of the funds raised was UAH 1.618 billion at the forex rate of the National Bank.

UNIAN memo. Government securities worth UAH 733.880 billion ($26.4 billion) in principal debt were in circulation as of December 11. The National Bank of Ukraine currently owns bonds worth UAH 348.1 billion ($12.5 billion), or 47% of their total volume.

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