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Local bond auction nets Finance Ministry UAH 473.7 mln

Local bond auction nets Finance Ministry UAH 473.7 mln

16 June 2009

The Finance Ministry sold UAH 473.7 mln in local bonds at auction on June 15, it reported this morning (via Interfax). Of that amount, the government placed UAH 448 mln in three-month bonds at 18.29% YTM. The state budget foresees the sale of UAH 26 bln in local bonds; the government has sold UAH 8.1 bln since the beginning of the year (excluding May).

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