KIEV, June 24 – Ukraine's Ministry of Finance, has after a three-month break resumed the initial primary offering of government domestic loan bonds, and at an auction on June 23 raised $140.03 million for 12 months at an average weighted rate of 8.66%.
According to the ministry, only six applications were received, of which three were satisfied.
The Finance Ministry said that the range of rates in the applications was from 8.5% to 12%, while total demand reached $160.1 million.
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