The Finance Ministry’s weekly auction raised $700 million in hryvnia and equivalent, 20% more than last week’s auction

. Hryvnia rates were virtually unchanged Tuesday: 6 months – 9%; 14 months – 11.2%; 18 months – 11.3%; 2-year – 12.05%; and 3-year – 12.3% per annum. The novelty was a 5-year bond, which settled at 12.59%. One-year dollar denominated bonds sold for 3.7%, garnering $182 million, the Ministry reports on Facebook.

International investors sold the equivalent of $100 million in government hryvnia bonds last week

, ICU has reported. The Kyiv investment house wrote: “Sentiment changed at the end of the week when J.P. Morgan announced that it was including the Ukrainian note due 2025 to the watch list to be added to the GBI-EM [Government Bond Index-Emerging] index.”

Dollar-denominated bonds accounted for almost half of the $317 million in equivalent sold yesterday

at the Finance Ministry’s weekly auction. The auction nearly covers repayment of $325 million scheduled this week. With yields unchanged, investors bought $49.6 million of 1-year bonds at 3.7%, and $106.8 million of 2-year bonds at 3.9%, the Ministry has reported on Facebook.

For hryvnia bonds, the Ministry pushed down yields on 3-months bonds by 35 basis points,

to 7.98%, and on 1-year bonds by one basis point, to 10.74%. To sell $34.6 million worth of 2-year bonds, the Ministry raised the yield by 10 basis points, to 11.8%, according to the Ministry’s website. In general, the weighted average rate at yesterday’s auctions fell to 10.67%, from 11.64% one week ago. Last week, the Ministry sold the equivalent of $232 million, reports ICU.