Ukrainian Finance Ministry raises UAH 6.3 bln from sale of government bonds

"At an auction on January 21, 2020, the Finance Ministry offered investors six-month, one-year and three-year hryvnia-denominated government bonds. UAH 6.315 billion was attracted at the auction to finance the state budget (six-month government bonds - UAH 512 million, one-year government bonds - UAH 1.717 billion, three-year government bonds - UAH 4.086 billion). At the same time, total demand exceeded UAH 12.035 billion," the report reads.

According to the ministry, the average weighted yield on three-year hryvnia-denominated bonds has decreased by 237 basis points, to 10.01%. The yield on six-month securities reached 10.03% (a decrease by 172 bps), and the yield on one-year bonds amounted to 10.04% (a decrease by 14 bps).

The Ukrainian Finance Ministry attracted about UAH 6 billion to the state budget at an auction on January 14, 2020.

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