Local treasury auction nets UAH 940.5 mln

The Finance Ministry sold UAH 940.5 mln in local treasury bonds at an auction on July 6, Interfax reported yesterday. Specifically, the government placed UAH 899.0 mln in bonds due on Oct. 7, 2009 at 19.15% YTM and UAH 41.4 mln in bonds due on Apr. 11, 2012 at 22.5% YTM. Since the beginning of the year, the Finance Ministry has sold more than UAH 9.3 bln in local bonds.