The Ministry of Finance has raised the rate of two-year government bonds

The Ministry of Finance in the auctions for the placement of domestic government bonds raised the cut-off rate for two-year securities from 15.4% to 15.5%, which allowed it to increase their sales volumes in an order of magnitude. Writing about it in reference to the press service of the ministry Interfax-Ukraine.

If a week ago the demand for two-year bonds reached only UAH 0.06 billion, then on Tuesday, July 30, it was UAH 2.22 billion against an offer of UAH 4 billion, and it was fully satisfied, said of the ministry.

After the decision of the National Bank last week to maintain the discount rate of 13% and all working rates, the demand for “short-term” annual securities also increased – from UAH 1.28 billion to UAH 3.11 billion, with a constant supply of UAH 4 billion. The Ministry of Finance was completely satisfied with him, keeping the cut-off rate at 14.65%.

For “long”, 3.5-year bonds, the demand remained at the previous low level – UAH 0.03 billion with an offer of UAH 5 billion, as well as the cut-off rate – 16.8% per year.

It was also reported that in total, in all hryvnia auctions after the NBU’s decision on the rate, the Ministry of Finance obtained UAH 5.58 billion on July 30, compared to UAH 1.45 billion a week earlier.

In an unscheduled auction for the sale of dollar bonds, the ministry managed to raise $96.7 million for offers of $200 million, satisfying all submitted applications and maintaining a rate of 4.66% per annum .

We remind you that the Ministry of Finance has warned about the dangers of military payments. In order to solve the problem of money shortages, the parliament should support the related initiatives of the government on taxation, said Sergei Marchenko.