Ukraine's Finance Ministry borrows almost UAH 3 bln in domestic market

The Ukrainian Finance Ministry attracted UAH 2.907 billion to the state budget at a weekly scheduled auction on T-bills placement, according to the ministry's website.

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As reported, UAH 2.526 billion was attracted from the sale of bonds in the national currency with a 2-year maturity period and a weighted average yield of 15.09% per annum, UAH 376.3 million from 1-year bonds at a yield of 14.99% per annum, and UAH 4.5 million from bonds with a maturity of 9 months at a yield of 12.1% per annum.

Placement of bonds in the national currency with a maturity of 3 and 6 months was not conducted.

Read alsoCabinet provides almost UAH 10 bln to PrivatBank in recapitalization effortAs UNIAN reported earlier, the Finance Ministry planned to place bonds in national currency with a maturity of 3, 6, 9 and 12 months, as well as 2 and 3 years in Q1 2017. Placement of foreign currency bonds was not planned.

As of February 28, the volume of government bonds in circulation on principal debt amounted to UAH 685.099 billion, while the National Bank of Ukraine owns bonds worth UAH 382.074 billion, or 55.8% of their total volume.

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