: :inin Kyiv (EET)

Finance Ministry fails to raise funds at weekly T-bill placement auction


The Ukrainian Finance Ministry failed to attract funds for the state budget at a weekly scheduled auction on T-bills placement on August 2, according to a posting on the ministry`s website.

During the auction, the placement of bonds in the national currency was planned and investors filed one application for internal treasury bonds with a maturity period of nine months and three applications for securities with a five-year maturity period, but they were left unsatisfied, the report stated.

As UNIAN reported earlier, the Finance Ministry plans to hold 13 T-bills placement auctions in Q3. During the auctions, the placement of hryvnia-denominated bonds with a maturity of 3, 6, 9 and 12 months, as well as 2, 3 and 5 years are planned. In addition, 1.5-year and 2-year foreign currency bonds will also be placed.

As of August 1, the value of internal treasury bonds in circulation, in terms of the principal debt amount, was estimated at UAH 541.959 billion. The National Bank of Ukraine holds government securities worth UAH 373.410 billion, accounting for 69% of the total volume.

UaPositon

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