Finance ministry to sell domestic bonds on April 28

Earlier, non-residents suspended purchases of debt securities of developing countries, including Ukraine, over the coronavirus panic.

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Ukraine's Finance Ministry says it has scheduled three auctions to place government domestic loan bonds for Tuesday, April 28.

In particular, one auction is expected to be held for government bonds in hryvnias with a 97-day maturity period (initial placement), while two auctions are expected to take place for government bonds in U.S. dollars with 169- and 252-day maturity periods (additional placement), the ministry said on its website on April 28.

As UNIAN reported earlier, the panic in global markets caused by the rapid spread of the coronavirus had triggered the weakening of local currencies in developing countries and a decline in stock market quotations.

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As a result, non-residents suspended purchases of debt securities of developing countries, including Ukraine.

Decisions not to tender were made on March 10, March 31, April 7, April 14, and April 21, according to the finance ministry's website.

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