The sale of government bonds brought UAH 12.5B to the budget.
Thursday, February 9, 2023
The Ministry of Finance, on February 7, auctioned domestic state loan bonds worth UAH 12.5B. Almost half – 46% of this issue – consisted of a 2.3-year benchmark OVDP, with which the NBU allowed banks to form mandatory reserves. Their repayment term is until May 21, 2025. In total: €6.93M placed at 2.5% with repayment in August 2023, $173.95M placed at 4.25% with repayment in July, UAH 5.74B placed at 19.59% with repayment in May, UAH 13.86 million at 19.5% with repayment in October 2024 and UAH 50.4M allocated at 15% with repayment in September 2023. Funds from the bonds are used for uninterrupted financing of the social and defense needs of the state.