Government raises UAH 9.5 bln at domestic bonds auction

Five packages of hryvnia-denominated bonds have been placed, as well as one in U.S. dollars and one in euros.

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The Ministry of Finance of Ukraine at the latest weekly auction for domestic government loan bonds February 16 attracted to the state budget a total of UAH 9.492 billion.

The funds in hryvnia were obtained as a result of the sale of five packages of hryvnia bonds in the amount of UAH 488.9 million, UAH 904.9 million, UAH 1.5 billion, UAH 1.7 billion, and UAH 1.3 billion, with a circulation period 91, 350, 483, 791 and 1,190 days, respectively, with weighted average rates of return of 9.07%, 10.96%, 11.30%, 11.84%, and 12.05% per annum, the finance ministry reported on its website.

Read alsoIMF mission ends without decision on Ukraine's SBA reviewFunds in U.S. dollars were raised in the sale of bonds worth $41.8 million, maturing in 715 days, with an average weighted yield of 3.89%.

The funds in euros came from the sale of bonds worth EUR 70.5 million, with a maturity of 365 days and a weighted average yield of 2.50%.

Background

The Ministry of Finance in 2020 attracted UAH 258.8 billion, $3.9 billion, and EUR 845 million to the state budget through the government domestic loan bond auctions.

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