Home
/
News
/

Finance Ministry sells UAH 305 mln in local bonds at auction

Finance Ministry sells UAH 305 mln in local bonds at auction

27 July 2011

The Finance Ministry placed UAH 305.0 mln in local bonds at a scheduled primary auction yesterday. The government offered 6M, 1Y, 3Y and 5Y series. Market demand totaled UAH 883 mln, about 70% of which (UAH 625 mln) was for 3Y bonds, with bids at 10-11% yields. The Finance Ministry accepted UAH 305 mln at the lowest yield. Svetlana Rekrut: Yesterday’s auction was the last before the government redeems UAH 2.8 bln in local bonds. Both the market and Finance Ministry showed little interest in the new bond placement, in line with our expectations. We believe this will continue at least through summer given the lack of further considerable repayments until September and the government’s sufficient cash position.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...