The Ministry of Finance continues to reduce the yield of government bonds

At yesterday's auction the Ministry of Finance offered investors the bonds for a period of 6 months, 1 and 4 years. Buyers almost was not interested in short-term securities, while the demand for 4-year-old three times oversubscribed. Due to high demand, the weighted average rate of return on such securities is reduced by 0.9% to 12.4%.

in General, the auction was placed t-bills worth $ 2,388 billion UAH, in particular:

4-year to 2,385 billion.

• 6-month – amounting to 2.39 million UAH,

During November-December, Ukraine has to repay UAH 50 billion of government debt, so in the absence of funding from the IMF actively raises funds from the sale of government bonds. The amount of debt in comparison with September in dollar terms decreased by 1.35% or 1.13 billion to $ 81,83 billion $, while in the hryvnia equivalent grew by 2.37% or 47.4 billion UAH up to 2,045 trillion UAH.

at the present time in Ukraine are in circulation hryvnia government bonds in the amount of 705,3 billion, of which 47.8 percent bought the national Bank, 34.3% of Ukrainian banks and 14.4% are non - residents. The main creditor of the budget is the national Bank, however, residents this year has stepped up investment in government bonds. Individuals also increased purchases of government bonds, but their share is only 0.5% of the total securities, or 3.6 billion.

sale of foreign currency by nonresidents to buy government bonds continue to influence the hryvnia rate on the interbank market. For a large volume of proposals on the eve of the auction the exchange rate slipped yesterday, however, the national Bank through the system

Matching repurchased excess 35-60 million $, than stopped the rate of 23.96/is 23.99 UAH/$.

non-Residents who are unable to purchase government bonds and redeemed currency on the interbank market after the auction, helped the dollar to strengthen against 23,975/24,00 UAH/$.

Today on the interbank market will be active bidding, because after day off Thursday in the US will all try to make the necessary payments in order not to delay Friday.