Finance ministry sells currency-pegged government bonds with acceleration clause for $575 mln on Nov 28

09:35, 29.11.2017 1 min read

Ukraine's Finance Ministry placed seven Series of currency-pegged government domestic loan bonds for $575.088 million at an auction on November 28, the ministry has reported on its website.

The ministry said that the securities maturity term is from 490 to 546 days. The acceleration clause is included.

The interest is fixed at 3.85% per annum. The coupon is accrued and paid once in six months.

Hryvnia-pegged bonds with the maturity term from 175 to 994 days were also offered at the auction. The ministry failed to place them.

At the previous auction on November 21, 2017, the ministry placed two-year currency-pegged bonds for $87.59 million at 5.4% per annum.