The Finance Ministry sold at auction yesterday the hryvnia equivalent of $93 million in government bonds

Wednesday, December 2, 2020
The Finance Ministry sold at auction yesterday the hryvnia equivalent of $93 million in government bonds

The Finance Ministry sold at auction yesterday the hryvnia equivalent of $93 million in government bonds. The 3-month bond was the most popular, accounting for 74% of sale, the Ministry reported on Facebook. It had a weighted average return of 9.89%. The return on 1-year bonds was 10.93%, up 17 basis points from one week earlier. The volume sold was only 16% of last week’s partly because the Ministry face $350 million worth of redemptions that week.

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