The National Anti-Corruption Bureau has asked banks to provide information on foreigners buying and selling domestic government bonds last year

The National Anti-Corruption Bureau has asked banks to provide information on foreigners buying and selling domestic government bonds last year, several market participants told Interfax-Ukraine. One source said the Bureau wants to know if the yields were ‘overestimated.’ With some hryvnia bond rates going as high as 19.5%, foreign purchases increased 18-fold, ending the year at 116 billion hryvnia, almost $4.9 billion. This year, foreign holdings grew another 10%, until the corona crisis hit in March. Today, foreigners hold 85 billion hryvnia, or $3 billion.