By increasing yields, Finance Ministry almost doubled its sales of government hryvnia bonds at the weekly auction on Tuesday.

By increasing yields, Finance Ministry almost doubled its sales of government hryvnia bonds at the weekly auction on Tuesday. The government sold UAH6 billion worth of bonds, compared to UAH3.4 billion at the Oct. 7 auction. To increase investor interest, the Ministry said yields on one-year bonds by 11 basis points, to 10%, and by 32 basis points on two-year bonds to 10.82%. Next week, high demand is expected for the Ministry’s auction of one-year dollar denominated bonds.