Finance

The Ministry of Finance sold only UAH 66M in bonds.

Wednesday, February 16, 2022
The Ministry of Finance sold only UAH 66M in bonds.

The Ministry of Finance was able to raise only UAH 66M ($2.36M) at the domestic government bond auction. Investors were offered only two issues of hryvnia IGLBs with a maturity of six months and a year with rates of 11.6% (+10 bp) and 11.93% (+0 bp), respectively. For the six-month issue, the Ministry of Finance satisfied all requests, for the 12-month, only 7 out of 8 applications. The focus was mainly on the “shorter” issue, which generated UAH 55M ($1.96M) for the budget.

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