The Ministry of Finance raised UAH 514 million to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service.
“On October 12, at actions for the placement of domestic government bonds, the Finance Ministry offered investors five issues of securities in the national currency. Overall, UAH 514 million was attracted to the state budget from the placement of securities,” reads the report posted on the ministry’s Facebook page.
The average yield of one-year bonds was 11.50%, one-and-a-half-year bonds – 11.57%, two-year bonds – 12.40%, three-year bonds – 12.49% and five-year bonds – 12.75%.
One- and five-year bonds were the most in demand. (Ukrinform/Business World Magazine)