Ukraine's Finance Ministry borrows over UAH 2.1 bln, US$112.4 mln in domestic market

The total hryvnia equivalent of the funds raised was UAH 5.049 billion at the NBU forex rate.

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Ukraine's Finance Ministry has borrowed UAH 2.104 billion, or US$80.6 million, and US$112.4 million for the national budget at the latest weekly auction to place government domestic loan bonds.

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The hryvnia funds were raised through the placement of securities with 105-, 182-, 350-, 497-, and 1,554-day maturity periods and a weighted average yield of 17.89%, 18.5%, 18.5%, 18%, and 16% 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 154-, 316-, and 631-day maturity periods and a weighted average yield of 6.7%, 7.25%, and 7.75% per annum, respectively.

The total hryvnia equivalent of the funds raised was UAH 5.049 billion at the NBU forex rate.

As UNIAN reported earlier, the Finance Ministry in less than five months borrowed UAH 147 billion ($5.6 billion), having increased the amount of funds raised from foreign investors, commercial banks and individuals.

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