Primary auction results

Обзор облигаций 17.12.2014 The MoF significantly changed yesterday's schedule as it cancelled the 2-year FX-denominated bond as well as the 2-year and 10-year local currency denominated bond offerings. As a USD-denominated bond was sold last week, the 2-year FX-denominated bond was not needed. The 5-year local currency bond replaced the two local currency denominated bonds. The 5-year bond was last sold under the same terms as in mid-November, placing UAH1.00bn at the standard 14.25% rate. As with all auctions in December so far, the MoF received one large bid.