A junk bond fund moves significantly ahead of its competitors by absorbing debt from Ukrainian companies. As Bloomberg explains, Ukraine is in a state of war for the third straight year and has become the largest recipient of investment from the Arkaim Advisors debt fund. With a return of 12% this year, t... #BondMarketUkraine #Bonds #OVDP #ukrainebonds
Ukraine’s bond market: Investors focus on longer maturities. Last week, investors’ interest in UAH bonds with longer maturities sharply increased as they tried to lock in current YTMs for longer. Taking advantage of the high demand, the Ministry of Financ... #BondMarketUkraine #BondSalesUkraine #financeUkraine #investments #UkraineBond #UkraineMonetaryPolicy
Ukraine’s Eurobonds continue losing their value. Ukrainian Eurobonds have been falling in price for almost a month, losing an average of another 7.7% last week. The shortest-maturing securities decreased the least in September this year – by ... #BondMarketUkraine #eurobonds #ukrainebonds
Ukraine’s Eurobonds have become less expensive for the third week in a row. Ukrainian Eurobond prices have fallen for the third week in a row, dropping on average by another 4.5% last week. The shortest maturity securities, in September of this year, decreased the least ̵... #BondMarketUkraine #EurobondPrices #ukraineEurobonds
The Ukraine Ministry of Finance has placed UAH 12.6B in military bonds. On May 24, the Ministry of Finance placed more than UAH 12.6B ($40M) worth of military bonds, which is almost twice as much as last week, announced the Ministry of Finance. The placement was as follo... #BondMarketUkraine #Bonds #militarybonds
UAH 6B of military bonds were sold during the seventh auction. At an auction for the sale of military bonds on April 12, the Ministry of Finance raised UAH 6.17B ($203M) for the state budget. Investors were presented with two issues of hryvnia military bonds wi... #BondMarketUkraine #Bonds #militarybonds #ukrainebonds
The Ministry of Finance raised UAH 3.48B for the state budget at IGLB auctions. Investors were offered government bonds in hryvnia with a maturity of 3 months, 1 year, 1.5 years, 2 years, and 4 years, and bonds in euros were offered with a maturity of 3 months. The biggest demand... #BondMarketUkraine #Bonds #ukrainebonds
The Ministry of Finance placed bonds for UAH 2.1B. At an auction on February 8, 2022, the Ministry of Finance offered investors securities denominated in hryvnia with a maturity of 3 months, 1 year, 1.5 years, 2 years, 3 years, and 5 years and in for... #BondMarketUkraine #Bonds #eurobonds
The Ministry of finance sold bonds for UAH 2.8B. At an auction on January 25, the Ministry of Finance sold domestic loan bonds worth UAH 2.846B: 3-month bonds for UAH 2.842B and 1.5-year bonds for only UAH 4M. The Ministry of Finance proposed the p... #BondMarketUkraine #nbu #ukrainebonds #UkraineMinistryOfFinance
Russia’s militant rhetoric has affected Ukraine’s Eurobond rates. The regular belligerent statements by Russian officials led to a fall in Ukraine’s Eurobond prices by 2-4.7% on Thursday (depending on the maturity). As a result, the maturity rates of almost al... #BondMarketUkraine #ukrainebonds #UkraineSecurities
The Ministry of Finance has placed UAH 3.87 B worth of bonds. On January 11, 2022, the Ministry of Finance raised a sum of UAH 3.87 B ($ 141 M) of the state budget at an auction for the placement of domestic government bonds. According to NBU, the Ministry of Fi... #BondMarketUkraine #Bonds #UkraineBond
The Ministry of Finance has sold UAH 15 bln of bonds. The auction raised $553 mln, with circulation terms of 3 months, 6 months, 1 year, 2 years, and 3 years. The weighted average yield is 3 months 10.50%, 6-month 10.80%, 1 year 11.90%, and 2 years and t... #BondMarketUkraine #GovernmentBonds #ukrainebonds
Ukraine allows redemption/exchange of Eurobonds and expansion of currencies in an updated strategy of state debt management. The Ministry of Finance of Ukraine will continue the practice of buying or exchanging government securities (Eurobonds) to smooth the repayment schedule, according to the updated medium-term strategy ... #BondMarketUkraine #Bonds #UkraineDebtManagement
The Ministry of Finance raised UAH 8.159 bln ($ 311 mln) in the placement of domestic government bonds. Investors were offered seven issues of securities in the national currency. The weighted average yield of 6-month IGLBs was 10.5%, 1-year – 11.55%, 1.5-year – 11.57%, 2-year – 12.47%... #BondMarketUkraine #DomesticGovernmentBonds #GovernmentBonds
The City of Kyiv has issued ₴300 mln in municipal bonds. On November 4, the National Commission on Securities and Stock Market registered the issue of domestic bonds valued at ₴300 mln ($11.4 mln). With a Nominal value of ₴10,000 ($380), and redemption of M... #BondMarketUkraine #KyivBonds #KyivMunicipalBonds
EBRD to invest $75 million in a sustainability-linked Eurobond issued by Ukrenergo. In a bid to resolve the payments crisis gripping the country’s renewable energy sector, the proceeds will cover all payment arrears owed to renewable energy producers. The investment will help to rest... #BondMarketUkraine #ebrd #eurobonds #Ukrenergo #UkrEnergoBonds
On October 12, the Ministry of Finance raised UAH 514 mln ($19.54 mln) from the placement of domestic government bonds, it reported on its Facebook page. It offered investors five issues of securities in the national currency and noted that bond rates remained unchanged compared to previous auctions. The weighted avera... #BondMarketUkraine #BondUkraine #GovernmentBonds
Ukrainians purchased UAH 2 bln ($75.5) in Government bonds from PrivatBank. Since the beginning of 2021, Ukrainians have purchased more than UAH 2 bln worth of domestic government bonds through Privatbank, of which 65% (almost UAH 1.3 billion) are online through Privat24. At ... #BondMarketUkraine #Bonds #PrivatBankBonds #ukrainebonds #UkraineGovernmentBonds
The Ministry of Finance has sold bonds to the value of UAH 2.465 bln ($93 mln) . At the Bond auctions, the Ministry of Finance offered investors six issues of securities in the national currency. The weighted average yield of 6-month was 9.70%, 1-year – 11.50%, 1.5-year &#... #BondMarketUkraine #ukrainebonds
The Ministry of Finance of Ukraine redeemed $1 bin US guaranteed Eurobonds Ukraine has repaid the third and last issue of the US guaranteed notes. The total payment of $1 bln was a redemption payment and interest payments amounted to $7.355 million. The Eurobond was issued u... #BondMarketUkraine #Eurobondsrepayment #UkraineRepaidUSbonds #USbonds
The government sold the hryvnia equivalent of $100 million in government bonds yesterday through its weekly bond auction. Netting 42% more than in the previous week, the auction took place with unchanged yields: 1-year -11.15%, 1.5-year – 11.3%; and 2-year – 12.09%. The 1-year... #BondMarketUkraine #hryvniabonds #ukrainebonds
The Finance Ministry auctioned the equivalent of $116 million in hryvnia and dollar bonds yesterday, less the half the amount sold in the previous week, the Ministry reports on Facebook. The offering of a 1-year dollar bond, at 3.7%, accounted for 56% of all sales, or $65 million. Similarly, the sale of a 1-year hryvnia bond, at 11.15%, accounted for ... #BondMarketUkraine #DollarBonds #UkraineBond
Concorde Capital’s Alexander Paraschiy wrote: “The placement is a well-expected event that is essential for Ukrainian Railways to resolve its liquidity issues and secure financing for its on-going CapEx program. We see a high chance for the place... #BondMarketUkraine #UkraineRailways #UZeurobonds #UZissuingbonds
The Finance Ministry sold only $93 million worth government bonds yesterday – 22% the amount sold at last week’s auction . As reported on the Ministry’s Facebook page, yields were little changed for the five tenures of hryvnia bonds on offer. Yields ranged from 8.5% for three-month bonds to 12.73% for 6-year hryvnia bon... #BondAuctionUkraine #BondMarketUkraine #UkraineBonds2021
Ukravtodor, in its debut placement on the Eurobond market, placed $700 million of 7-year bonds at 6.25%, well below the initial return target of 6.625% , Interfax-Ukraine reported yesterday. Earlier this year, the Cabinet of Ministers approved sovereign bond guarantees up to $740 million for the state highway agency. The organizers of the issue ̵... #BondMarketUkraine #eurobonds #UkravtodorBonds #UkrAvtodorIssuesBonds
Attracted by high interest rates, international investors increased their investment in Ukrainian government bonds by $377 million this month, prompting the central bank to buy $415 million. Despite the purchases, Ukraine’s currency s... #BondMarketUkraine #InvestinginUkraineBonds #UkraineGovernmentBonds
International buyers are back in the market, ICU has reported. “Last week foreign investors purchased UAH 2bn [$74 million] of new bills in addition to reinvesting funds they received from redemptions,” the investment group wrote of last week’s ... #BondMarketUkraine #InvestinginUkraineBonds
Faced with big bond redemptions this week, the Finance Ministry on Tuesday made the biggest bond sales of the year — $358.6 million and 15.9 million hryvnia, or $580 million. Interest rates were virtually unchanged on the hryvnia bonds, ranging from 8.42% for 3-month bonds and 12.3% on 3-year bonds. For doll... #BondMarketUkraine #BondSalesUkraine #BondsUkraine
Concorde Capital’s Evgeniya Akhtyrko writes: “The recent placements of new local bonds do practically nothing for financing government spending because of the growing load of local bond redemptions.” #BondMarketUkraine #ConcordeCapital #ukrainebonds
The Finance Ministry raised the equivalent of $370 million at its weekly auction yesterday, the Ministry reported on its Facebook page. Yields in hryvnia reflect the Central Bank’s increase in the nation’s prime rate 10 days ago to 7.5%. The yields were: 6-month – 9%; 1-year – 11.2%; 1.5 yea... #BondMarketUkraine #NationalBankofUkraine #nbu #ukrainebonds
Enjoying a peace window, on Monday Ukraine placed 8-year Eurobonds worth $1.25 billion at 6.875% per annum – the lowest yield of the government’s 11 outstanding Eurobonds, reported Bloomberg. The benchmark was 7-7.25%, but demand was almost three times supply, pushing down the final interest rate, reports Interfax.ru. #BondMarketUkraine #eurobonds #UkraineGovernmentBonds
