Ukraine's Finance Ministry borrows UAH 459.5 mln, $402 mln in domestic market

The Ukrainian Finance Ministry attracted UAH 459.530 million and US$402.098 million to the state budget at a weekly scheduled auction on T-bills placement, according to the ministry's website.

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Hryvnia funds were raised through the placement of securities with 91- and 154-day maturity periods and a weighted average yield of 16% and 15.95% per annum, respectively, it said.

Read alsoUkraine's central bank, Finance Ministry swap about $8.3 bln in old bonds for new securitiesDollar funds were raised through the placement of securities with 175- and 784-day maturity periods at 5% and 5.4%, respectively.

As reported, the hryvnia equivalent of the raised funds amounted to UAH 11.667 billion at the rate of the National Bank.

As UNIAN reported earlier, the Finance Ministry attracted UAH 27.697 billion and $1.382 billion to the state budget at auctions on T-bills placement in January-November 2017.

As of December 19, the amount of government securities in circulation was UAH 724.965 billion in principal debt, while the National Bank of Ukraine owns bonds worth UAH 360.573 billion, or 50% of their total volume.

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