Dollar bond sale adds UAH 17.4B in state budget revenue.

Wednesday, March 29, 2023
Dollar bond sale adds UAH 17.4B in state budget revenue.

On March 28, the Ministry of Finance sold military bonds of the domestic state loan and attracted UAH 17.39B to the state budget.

According to the Ministry, UAH 28.15M was received from selling annual bonds in hryvnia at 18.5% per annum. The Ministry of Finance also placed bonds with a maturity of 16 months for UAH 49.27M at 19% per annum. Another UAH 4.51M was raised from the sale of OVDP bonds with a maturity of 19 months at 19.5%. The Ministry of Finance also placed two-year reserve bonds for UAH 3.03B at 18.98% per annum.

At the same time, the vast majority of funds raised came from the sale of foreign currency government bonds. The Ministry placed six-month dollar bonds for $294.66M at 4.74% per annum, dollar bonds with a maturity of 190 days for $5.69M at 4.59%, and annual dollar OVDP bonds for $90.11M at 4.84%.

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