In June, the Ministry of Finance attracted more funds from OVDP auctions than it paid out to investors.

Wednesday, July 10, 2024
In June, the Ministry of Finance attracted more funds from OVDP auctions than it paid out to investors.

In June, the Ministry of Finance raised ₴38.41B and $407.33M from the issuance of domestic government bonds. ₴35.3B of the total volume of OVDP issued in June were military bonds. The refinancing percentage in OVDP for June was 120% for hryvnia OVDP and 134% for dollar OVDP. This means that Ukraine attracted more through government bonds than it paid out in liabilities.

The weighted average yield of OVDP bonds denominated in hryvnia was 15.58% in June, and 4.63% for those denominated in dollars. As of July 1, commercial banks (43.4%) and the NBU (41.3%) own the largest share of OVDP bonds. They are followed by legal entities (9.7%), individuals (3.6%), non-residents (2%), and territorial communities (0.03%).

On July 9, the Ministry of Finance attracted ₴12.64B from the placement of OVDP bonds, which is ₴3.23B higher than last week.

 

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