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Finance ministry sells $101.94 billion of 15-year bonds at 7.75%
Journal Staff Report

KIEV, Aug. 28 – The Finance Ministry at an off-schedule auction on August 27, 2013 set the interest rate for 15-month government domestic loan bonds pegged to the U.S. dollars at 7.75%, which allowed the ministry to raise $101.94 million.

The report says that a total of 11 bids with rates up to 8.25% per annum worth $123 million were submitted, and nine bids were satisfied.

In addition, the ministry also sold three-year currency pegged securities worth $30.1 million under the only bid submitted at the traditional rate of 8.75% per annum, while the ministry did not sell two-year bonds worth $3 million at 8.5% per annum.




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