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Demand for bonds of the Ministry of Financial Loan borrowing fell to a minimum

Photo: Minfin

Part, the reduction in demand for oats can be explained by the fact that the Ministry of Finance prescribed on February 19 a debut auction for the exchange of bonds released in 2019-2020.

On February 18, 245.6 million hryvnias only attracted major auctions for the sale of internal state loan bonds (OVGZ). This is the lowest value in the past few years and 6-7 times lower than previous auctions, reports Interfax-Ukraine.

According to the Ministry of Finance, at auctions, two issues of bonds were offered by payment in June 2026 and June 2027 to the volume of UAH 5 billion (from here by denomination), but 97.8 million UAH and 151 were attracted to each One of the auctions, 6 million UAH, respectively.

Avoiding bonds remained, respectively, at 15.85% and 16.95% each year, all applications from consumers were satisfied.

Slightly reduced demand for oats for OVGZ can be explained by the fact that the Ministry of Finance prescribed on February 19 a debut auction for exchange of bonds released on 2019-2020 for 41.08 billion UAH with payment on February 26 to two years bond, which last week was placed at 16.65% annual.

Note that from the beginning of 2024, the amount of money attracted by OVGZ has reached nearly 500 billion UAHs, and throughout the Martial law period exceeds 1.3 trillion UAH.

Earlier it was reported that the Ukrainians began to buy many bonds.

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Source: korrespondent

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