"At auctions on May 26, 2020, the Finance Ministry offered investors securities denominated in the national currency maturing in 3, 6, 9 and 12 months. As a result of the auctions, the state budget was replenished with UAH 1,037 million,” reads the report.
The yield rates on short-term instruments have been reduced. The weighted average yield rate on 3-month government bonds amounted to 10.19% (a decrease of 31 b.p.), on 6-month government bonds - 10.33% (decrease of 45 b.p.). At the same time, the Finance Ministry did not satisfy the demand for rates, which were higher than at the previous auction, on 9-month and 12-month government bonds, leaving the yield rates for annual government bonds unchanged and attracting UAH 314 million. The auction on 9-month securities did not take place.
A reminder that at the auction held on May 19, 2020, the Finance Ministry replenished the state budget with UAH 21.2 billion from the sale of government domestic loan bonds.
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