The Ministry of Finance successfully raised over UAH 11 billion from the placement of domestic government bonds
2024-02-28 17:00:23
The Ministry of Finance of Ukraine has successfully placed domestic government bonds at auctions held on February 27, raising a total amount of over UAH 11 billion in equivalent. This was reported by the press service of the Ministry of Finance on its official Facebook account.
According to the results of the auction, the Ministry managed to raise UAH 3.23 billion from the sale of 1-year bonds at 16.8% per annum. In addition, the sale of 2-year domestic government bonds raised UAH 2.2 billion at 17.6% per annum.
The placement of bonds with a maturity of more than three years, which were offered at 18.5% per annum, brought an additional UAH 98 million to the state budget.
In addition to the domestic bonds, the Ministry of Finance also placed 1-year Euro-denominated bonds at 4.66% per annum, which raised $143 million.
The successful placement of the domestic government bonds sends a positive signal to investors about the stability of the financial situation in Ukraine and the confidence in the government’s public debt management policy.
The proceeds of the bonds placement can be used to finance various projects and programs of national importance aimed at developing Ukraine’s economy and social sphere.
In recent years, Ukraine has been actively working to attract investment and improve the country’s financial stability, and the successful placement of the government bonds is a sign of positive developments in the country’s financial market.
e-finance.com.ua
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