Finance Ministry borrows almost UAH 10 bln, US$108.6 mln, EUR 23.8 mln in domestic market

The total hryvnia equivalent of the raised funds at the NBU forex rate was UAH 13.569 billion.

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Ukraine's Finance Ministry has borrowed UAH 9.778 billion (US$349.8 million), US$108.6 million, and EUR 23.8 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 98-, 161-, 287-, 350-, 728-, and 1,078-day maturity periods and a weighted average yield of 19.48%, 19%, 18.5%, 18.49%, 17.54%, and 17.25% per annum, respectively, according to the ministry's website.

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The foreign currency funds were raised through the placement of securities in U.S. dollars with 85- and 273-day maturity periods and a weighted average yield of 6.5% and 7.23% per annum, respectively, while those in euros – with 78- and 13-day maturity periods and a weighted average yield of 4.5% and 4.6% per annum.

The total hryvnia equivalent of the funds raised was UAH 13.569 billion at the forex rate of the National Bank.

As UNIAN reported earlier, the Finance Ministry in 2018 borrowed UAH 65.128 billion ($2.3 billion), $3.478 billion, and EUR 503 million for the national budget at weekly auctions to place government domestic loan bonds.

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