The Ukrainian Ministry of Finance raised UAH 3.5 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service.
“On February 22, at auctions for the placement of domestic government bonds, the Finance Ministry offered investors five issues of securities in the national currency and one in the foreign currency. As a result, UAH 3,484 million was attracted to the state budget,” the report says.
The term of circulation of the offered government bonds in the national currency is 3 months, 1 year, 1.5 year, 2 years and 4 years. The maturity of euro-denominated bonds is 3 months.
3-month bonds were in the most demand, from the placement of which UAH 2.9 billion was attracted to the state budget.
The average weighted yield of 3-month bonds was 11.60%, 1-year bonds – 11.93%, 1.5-year bonds – 12.00%, 2-year bonds – 13.00% and 4-year bonds – 13.09%.
In turn, EUR 7.2 million was raised from the placement of government bods denominated in foreign currency; the average weighted yield of these bonds was 1.75%. (Ukrinform/Business World Magazine)