Demand for sovereign bonds in hryvnia down to UAH 10 mln

18:07, 14.07.2020 1 min read

Demand at primary auctions for placement of Ukraine's sovereign bonds, which collapsed to 0.29 billion last week, this Tuesday amounted to only UAH 10 million.

With such a low supply, the Finance Ministry was able to lower rates for three-month bonds from 7.24% to 7%, for twelve-month bonds – from 9.5% to 9.2% and for 32-months bonds – from 10.47% to 10%.

The ministry raised a total of UAH 10.6 million to the budget.