Active selling of government bonds continues to strengthen the hryvnia

at the end of the year, the Ministry of Finance of Ukraine has increased sales of government bonds, which increases the inflow of speculative capital and currency on the interbank market and contributes to the strengthening of the hryvnia.

At yesterday's auction the Finance Ministry placed government bonds to the amount of 15,963 billion UAH, which is almost 6 cut exceeds the amount raised a week ago. While for increase in borrowing had to increase their value.

At the auction, investors were offered seven issues of securities in the national currency and one in foreign, and the results of the auction were one of the best in the year 2020, although the rate was quite high. Increased investor demand for 5-year UAH papers.

the auction has placed the following bonds for the total amount of 10,199 billion:

the

6 months at 10.49% per annum in the amount of 1.02 billion UAH,

1 year under of 11.22% per annum on the amount of 1.86 billion UAH,

2 years under of 11.67% per annum on the amount 824,4 million UAH,

for 4 years under 11,89% per annum on the amount 313,8 million UAH,

5 years of 12.04% per annum on the amount of 2.84 billion.

• for 3 months at 10% per annum on the amount of 3.34 bln,

was Also posted foreign exchange bonds for a period of 1 year under of 3.79% per annum in the amount of 204 million dollars.

In December, the Finance Ministry plans to raise the budget by selling government bonds in excess of 60 billion.

Yesterday the dollar on the interbank market with the morning 28,11/28,13 UAH/ USD rose to 28,14/28,16 UAH/$, but today, the increase in currency supply, which goes to redeem the securities, will continue to strengthen the hryvnia.