Finance Ministry borrows UAH 536 mln, US$116 mln in domestic market

The total hryvnia equivalent of the funds raised was UAH 3.699 billion at the NBU forex rate.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

Ukraine's Finance Ministry has borrowed UAH 536 million (US$19.8 million) and US$116 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-, 168-, 343-, and 1,050-day maturity periods and a weighted average yield of 19.5%, 19%, 18.5%, and 17.25% per annum, respectively, according to the ministry's website.

Read alsoUkraine's Finance Ministry borrows US$10.6 bln last year

The foreign currency funds were raised through the placement of securities in U.S. dollars with 29-, 119- and 518-day maturity periods and a weighted average yield of 6.25%, 6.5% and 7.25% per annum, respectively.

The total hryvnia equivalent of the funds raised was UAH 3.699 billion at the NBU forex rate.

As UNIAN reported earlier, the Finance Ministry in 2018 borrowed UAH 65.128 billion ($2.4 billion), $3.478 billion, and EUR 503 million for the national budget at weekly auctions to place government domestic loan bonds.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!