Ukraine's Finance Ministry plans to resume bond auctions after a six-month break / Photo from investgazeta.net
Ukraine's Finance Ministry plans to resume auctions this year to place government domestic loan bonds denominated in national and foreign currency after a six-month break, according to a posting on the ministry's website.
The auctions are scheduled for Tuesdays. In particular, on January 12, February 9 and March 1, the ministry will offer 12-month government bonds in the national currency. What is more, 36-month government bonds in the hryvnia and 18-month government bonds in foreign currency will be offered for sale on January 19 and March 22. The placement of hryvnia-denominated government bonds with a maturity of 18 months is scheduled for January 26, February 23 and March 29. On February 2, more 36-month bonds in the hryvnia and 24-month bonds in foreign currency will be offered for sale. On February 16 and March 15, the ministry is to sell 24-month bonds.
As UNIAN reported earlier, the National Bank of Ukraine (NBU) in January-October 2015 purchased government bonds worth UAH 69.1 billion at face value. Bonds sold from the NBU portfolio for the period under review were estimated at UAH 1.52 billion.
Bonds worth UAH 504.643 billion, which were issued to securitize principal debt, were in circulation as of December 30. The NBU alone holds bonds worth UAH 379.813 billion.