KYIV, July 23 – Last-week reduction by the National Bank of Ukraine (NBU) in its key policy (refinancing) rate 17.5% to 17% allowed the Finance Ministry to accelerate the reduction in cut-off rates for six-month and 12-month hryvnia-denominated securities from 17.4% to 16.73% and from 17.74% to 16.99%, respectively, at auctions on Tuesday.

As the ministry said on its website following the actions, it also managed to achieve, for the fifth week in a row, a decrease in rates for other government bonds: for three-month ones from 17% to 16.63% and for three-year ones from 16.75% to 16.55% per annum.