Military bonds with a record rate brought UAH 17B to the budget.

The Ministry of Finance attracted UAH 17.22B to the state budget at auctions for the sale of military bonds of the domestic state loan (OVDP). Almost the entire amount came from selling securities denominated in foreign currency. According to the Ministry of Finance, revenues from placing hryvnia-denominated government bonds increased to UAH 5.8B after falling to UAH 11.8M last week. Thus, it was possible to attract UAH 21.51M from the sale of six-month bonds at 12% per annum and only UAH 138.67M from the placement of annual government bonds at 14%. Also, UAH 10.17M was received from the sale of 1.5-year bonds at 16% per annum. In addition, the Ministry of Finance placed two issues of bonds in hryvnia, raising the rates on them. These are six-month OVDP bonds in hryvnia at 14% for UAH 3.72B and one-and-a-half-year for UAH 1.92B at 18.5% per annum (a record rate). The ministry also placed six-month bonds denominated in US dollars for $312.25M at 4.25% per annum.