REUTERS
The yield rates were reduced for all instruments.
Ukraine's Finance Ministry has boasted about this year's biggest borrowing on the domestic market after government domestic loan bonds were placed for almost US$1.3 billion in total.
"The biggest placement of the year! UAH 33.3 billion [US$1.29 billion in the equivalent] for the state budget, this includes UAH 7.4 billion and US$1 billion, while the yield rates have been reduced for all instruments, especially for three-month government bonds in hryvnia – 17.0% (decrease by 24 basis points), for one-year government bonds in U.S. dollars – 6.5% (decrease by 50 bp), for two-year government bonds in U.S. dollars – 7% (decrease by 50 bp)," Ukrainian Finance Minister Oksana Markarova wrote on Facebook on Tuesday, July 16.
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As the Finance Ministry said on its website, after a planned auction for the placement of government bonds, funds in hryvnias were raised through the sale of bonds with maturities of 91, 196, 357, and 756 days with a yield of 17.85%, 18.47%, 14.30%, and 16% per annum, respectively.
Funds in dollars were raised for 358 and 687 days with a yield of 6.5% and 7.53% per annum, respectively.
It is also reported that the hryvnia equivalent of the funds raised at the official rate of the National Bank stood at UAH 33.293 billion.