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The Ministry of Finance raised UAH 3.48B for the state budget at IGLB auctions.

Ukraine allows redemption/exchange of Eurobonds and expansion of currencies in an updated strategy of state debt management.

The Ministry of Finance has placed UAH 7.45B in military bonds.

Investors were offered government bonds in hryvnia with a maturity of 3 months, 1 year, 1.5 years, 2 years, and 4 years, and bonds in euros were offered with a maturity of 3 months. The biggest demand was focused on 3-month IGLBs in hryvnia, from the placement of which UAH 2.9B was attracted to the state budget. The weighted average rates on all securities remained unchanged except for 3-month IGLBs (+10 bp) in hryvnia. Thus, the weighted average yield of 3-month IGLBs was 11.60%, 1-year – 11.93%, 1.5-year – 12.00%, 2-year – 13.00%, and 4-year – 13, 09%. In addition to hryvnia bonds, €7.2M were attained from the placement of 3-month IGLBs denominated in foreign currency with a 1.75% yield.

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