Ukraine's Finance Ministry borrows over UAH 8 bln in domestic market

No placement of securities in foreign currency was conducted.

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Ukraine's Finance Ministry has borrowed UAH 8.043 billion, or US$307.3 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-, 210-, 343-, 455-, 770-, and 1,043-day maturity periods and a weighted average yield of 17.44%, 17.94%, 18.30%, 18%, 17.95%, and 16.95% per annum, respectively, the ministry said on its website on July 2.

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No placement of securities in foreign currency was conducted, the report said.

As UNIAN reported earlier, the Finance Ministry borrowed UAH 103.7 billion (US$4 billion), US$1.9 billion, and EUR 41 million for the national budget at weekly bond placement auctions in January-May 2019.

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