Finance ministry borrows UAH 1.6 bln in domestic market

No bonds have been placed, denominated in foreign currency.

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Ukraine's Finance Ministry has borrowed UAH 1.601 billion, or US$65.25 million, for the national budget at the latest weekly auction for the placement of government domestic loan bonds.

Funds in hryvnias were raised through the placement of securities with 70-, 511-, 679-, and 2,646 -day maturity periods, and a weighted average yield of 18.33%, 9.63%, 17.25%, and 9.79% per annum, respectively, the ministry said on its website.

That is, bonds placement rates rose after a gradual decline for most of 2019 and the beginning of 2020.

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No bonds have been placed, denominated in foreign currency.

As UNIAN reported earlier, at the previous bidding on February 18, the Ministry of Finance raised a small amount of funds (UAH 1.5 billion), while placement rates rose slightly after continuously sliding for most of 2019 and the beginning of 2020.

Non-residents' investment in Ukraine's government domestic loan bonds in 2019 increased by 18 times, or UAH 109 billion (US$4.5 billion) to UAH 115.8 billion (US$4.8 billion).

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