The MoF raises a record ₴30B from the sale of government bonds, and the NBU expands the list of required benchmark domestic government debt securities.

On October 8, the Ministry of Finance placed bonds of the domestic state loan (OVDP) for a total amount of ₴30.26B ($750M). This is more than for the month of August (₴29.1B) and is the largest figure since the beginning of the year.

In order to increase borrowing on the domestic market, the ministry expanded the offer of hryvnia government bonds from four issues to six in October. This Tuesday, the sale of hryvnia bonds increased to ₴24.08B from ₴12.14B a week earlier. Another $150M was raised from the sale of foreign currency bonds. The high demand for reserve OVDP (benchmark bonds) was associated with banks’ reserve requirements increasing by five percentage points since October 11.

In turn, the NBU will expand the list of reserve bonds from October 15. Two issues of OVDP will be added, the first placement of which was carried out by the Ministry of Finance on October 1.Beginning October 15, there will be 15 securities issues in the benchmark OVDP list.