Enjoying strong demand for hryvnia bonds at the weekly auction on Tuesday, Finance Ministry pushed down all yields on its short term bonds, by 20 to 34 basis points.
Wednesday, July 10, 2019


Enjoying strong demand for hryvnia bonds at the weekly auction on Tuesday, Finance Ministry pushed down all yields on its short term bonds, by 20 to 34 basis points. The new cutoff rates for the treasuries were: 17.24% for three months; 17.6% for seven months; 18% for 12-months; and 16.75% for three years. The cutoff rate for 5 ½ year bonds, a category the Ministry is pushing, stayed the same, at 15.85%. Overall, investors bought bonds worth UAH 6 billion UAH, the equivalent of $235 million, one quarter less than the UAH 8 billion sold last week.