Finance ministry borrows almost UAH 51.5 bln

The Ministry of Finance of Ukraine at the weekly domestic government loan bonds auction today, December 15, attracted UAH 51.439 billion to the state budget.

The ministry's press service says funds in hryvnia were obtained in the sale of seven packages of hryvnia-denominated instruments worth UAH 4.23 billion, UAH 10.13 billion, UAH 11.35 billion, UAH 6.73 billion, UAH 3.83 billion, UAH 2.77 billion, and UAH 3.06 billion, maturing in 77, 182, 217, 315, 511, 1,050, and 1,533 days, respectively, with an average weighted yield of 10%, 10.5%, 10.75%, 11.56%, 11.7%, 11.98%, and 12.18% per annum.

Read alsoFinance Ministry borrows US$568 mln on domestic marketFunds in dollars were raised as a result of selling bonds worth $266.1 million with a circulation period of 309 days, with an average weighted yield of 3.8%. The ministry raised funds in euros from the sale of bonds in the amount of EUR 56.67 million maturing in 323 days, with an average weighted yield of 2.5%.

Background

At the end of April, the Ministry of Finance, after a break that lasted several weeks, returned to the domestic borrowing market, resuming its weekly domestic government loan bonds auctions.

The Ministry attracted UAH 171.1 billion, $2.9 billion, and EUR 788 million to the state budget at auctions held in January-November 2020.