Ukraine's Finance Ministry borrows UAH 305 mln, US$199 mln in domestic market

The total hryvnia equivalent of the funds raised was UAH 13.482 billion at the NBU forex rate.

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Ukraine's Finance Ministry has borrowed UAH 8.148 billion, or US$305 million, and US$199 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 126-, 175-, 350-, 707- and 994-day maturity periods and a weighted average yield of 19.5%, 19%, 18.5%, 18%, and 17.25% per annum, respectively, according to the ministry's website.

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Funds in foreign currency were raised through placing securities in U.S. dollars with 239- and 666-day maturity periods and a weighted average yield of 7.25%, 7.75%, and 3.85% per annum, respectively.

The total hryvnia equivalent of the funds raised was UAH 13.482 billion at the NBU forex rate.

As UNIAN reported earlier, the Finance Ministry in the first quarter of 2019 borrowed UAH 57.3 billion ($2.1 billion), $1 billion, and EUR 38.7 million for the national budget at weekly auctions to place government domestic loan bonds.

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