Primary auction results

Обзор облигаций 30.03.2016 The MoF sold 12-month and 1.5-year bonds at the usual interest rates of 18.5% and 19.5% respectively, raising UAH62.32m of budget financing. A bid of UAH5.44m for the 6-month bond at 20.10% was rejected , as was one additional bid at 20.10% for the 12-month bond. The MoF continued to sell mostly longer maturity bonds while rejecting demand at higher than expected interest rates.