Government Bond Auction Brings In USD 15 mln.
21 August 2008
The Finance Ministry announced that it had sold local bonds worth a total of UAH 77 mln (USD 15.2 mln) at its local bond auction Monday. It placed 3 year notes at a weighted average yield of 6.05%. Investors once again spurned the government’s longer-term securities with four, seven and ten-year tenors, which had low stop-yields.
