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In June, the Ministry of Finance attracted more funds from OVDP auctions than it paid out to investors.

 The IMF’s demand: Ukraine will develop its domestic securities market to avoid "printing" of the hryvnia.

Які переваги отримала Україна від реструктуризації боргу?

In June, the Ministry of Finance raised ₴38.41B and $407.33M from the issuance of domestic government bonds. ₴35.3B of the total volume of OVDP issued in June were military bonds. The refinancing percentage in OVDP for June was 120% for hryvnia OVDP and 134% for dollar OVDP. This means that Ukraine attracted more through government bonds than it paid out in liabilities.

The weighted average yield of OVDP bonds denominated in hryvnia was 15.58% in June, and 4.63% for those denominated in dollars. As of July 1, commercial banks (43.4%) and the NBU (41.3%) own the largest share of OVDP bonds. They are followed by legal entities (9.7%), individuals (3.6%), non-residents (2%), and territorial communities (0.03%).

On July 9, the Ministry of Finance attracted ₴12.64B from the placement of OVDP bonds, which is ₴3.23B higher than last week.

 

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