The Finance Ministry raised almost four times as much revenue from Tuesday’s bond auction,

Thursday, October 8, 2020
The Finance Ministry raised almost four times as much revenue from Tuesday’s bond auction,

The Finance Ministry raised almost four times as much revenue from Tuesday’s bond auction, compared to the week earlier. The price was increased yield rates for hryvnia bonds. The government sold $135 million worth of 6-months dollar bonds at 3.39% — a rate unchanged from the last auction. But, to raise $120 million worth of hryvnia bonds, the Ministry had to raise yields. The new yields were: 3-month bonds: 7.19%; 1-year bonds: 9.89%; and 3-year bonds: 10.95%.

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