The Finance Ministry raised yields yesterday on hryvnia bonds by 20 to 73 basis points.

The auction raised the equivalent of $164 million which was almost three times the amount of the previous week. In yesterday’s auction, 96% of purchases were for 1-year bonds, which carried yields of 11.15%, up 40 basis points. The other yields were: 8.5% for 3-year bonds, up 73 basis points; 11.3% for 1.5-year bonds, up 20 basis points; and 12.75% for 6-year bonds, up 25 basis points. More details can be found on the Finance Ministry’s site and on its Facebook page.