Faced with weak demand, the Ministry of Finance sold at its weekly auction only 5% of the volume of government hryvnia bonds as one week before. The sale of the hryvnia equivalent of $11.8 million in bonds came as the government rejected most bidding, only conceding on 12-month bills. Here the weighted average rate rose by 18 basis points to 9.46%. The 2.5-year bills sold with yields of 10.5%.