The Ukrainian Ministry of Finance raised UAH 8.159 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service.
“At auctions for the placement of domestic government bonds, the Finance Ministry offered investors seven issues of securities in the national currency. Overall, UAH 8,159 million was attracted to the state budget from the placement of securities,” reads the report posted on the ministry’s Facebook page.
The term of circulation of the offered government bonds is 6 months, 1 year, 1.5 years, 2 years, 3 years, 5 years and 6 years.
The average weighted yield of 6-month bonds was 10.50%, 1-year bonds – 11.55%, 1.5-year bonds – 11.57%, 2-year bonds – 12.47%, 3-year bonds – 12.70%, and 5-year bonds – 12.75% and 6-month bonds – 13.25%.
1-year bonds were in the most demand, from the placement of which UAH 4.1 billion was attracted to the state budget. (Ukrinform/Business World Magazine)