The government bond auction raised the hryvnia equivalent $30 million – the lowest proceeds of the year and less than one third the level of the previous week.

Bond yields did not change, ranging from 11.14% for one-year bonds to 12.3% for three-year bonds. There will be no auction next week due to the Independence Day holiday on Tuesday. ICU writes: “This auction was the least successful this year in terms of raising funds.”