The Ministry of Finance has extended the maturity of domestic government bonds to 6 years

6/11/19

As the result of domestic government bonds auctions on June 11, the Finance Ministry has borrowed UAH 6.6 bn, including UAH 3.4 bn through issuing long-term government domestic bonds with a maturity of six years. Such instruments were placed for the first time and the yield is 15.85%.

The Ministry of Finance is gradually moving toward increasing the maturity of government bonds to 2, 3, 5 and 6-years domestic government bonds in Hryvnia, thereby increasing the share of public debt in the national currency, as envisaged by the Medium-Term Strategy for the Management of Public Debt in 2019-2022.

The launch of the link with Clearstream global depository offers more opportunities for attracting global investors to Ukrainian domestic government bonds market in the national currency with the simultaneous extension of its maturity.

This will increase the level of transparency of public debt management policies, its efficiency and reduce currency risks.

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