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Currency bonds should replace 600 million euros of aid from the EU.

Currency bonds should replace 600 million euros of aid from the EU.

Posted in News.

The Ministry of Finance will offer currency bonds with maturities of 17, 18 and 20 months and bonds in national currency with maturities of 6-12 months.
The Ministry of Finance has already made changes in the schedule of primary auctions for the placement of government bonds in December. In particular, five auctions for the placement of foreign currency bonds will be held, whereas previously only one such auction was planned.
The Ministry of Finance of Ukraine will offer bonds in national currency with maturities of 6-12 months, as well as currency bonds with maturities of 17, 18 and 20 months.
The last time the USDO bonds were placed by the Ministry of Finance on September 20. Then he managed to sell two-year bonds for $ 100.14 million at rates up to 6.5% per annum.
In addition, on October 25, the Ministry of Finance also sold government bonds in euros at 141.34 million at 4% per annum.
Exactly currency bonds can have the greatest demand, which will allow the Ministry of Finance to attract currency to the budget and reduce the impact of foreign exchange payments on the debt on the country’s gold and currency reserves.
In recent months, the Ministry of Finance either did not post their placement, or severely restricted the offer, not meeting a significant part of the demand. So, in September, about 30% of applications were rejected, in October bonds were placed in euros, and in November there were no placements of currency government bonds.

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