The Finance Ministry managed to keep lowering rates for short term government bonds at yesterday’s weekly auction

The Finance Ministry managed to keep lowering rates for short term government bonds at yesterday’s weekly auction, the Ministry reported on Facebook. The all-hryvnia auction yielded the equivalent of $168 million, less than half the volume of last week. According to numbers posted on the Ministry’s website, short term bonds settled at these rates: 6-month, down 17 basis points, to 9.03%; 1-year bonds, down 5 basis points, to 10.62%; 1.5 year bonds down 8 basis points, to 10.96%. Staying unchanged were: 2-year bonds at 11.8% and 3-year bonds at 12.05%.