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Finance ministry reports limited success on domestic dollar bonds
Journal Staff Report

KIEV, Dec 19 - The Finance Ministry on December 16 held its first auctions offering dollar-denominated government domestic loan bonds (OVGZ). It met 18 bids with annual yield ranging from 8% to 9.3%.

The Finance Ministry said in a press release that it sold $207.11 million worth of bonds that mature on December 12 2012.

The ministry also sold UAH 102.627 million (UAH 7.9899/$1 on December 19) in 13-month OVGZ tied to the dollar at 8.75% to one buyer.




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