Finance Ministry sells government bonds for UAH 110.8 billion, USD 785 million, and EUR 87 million in Q1

In the first quarter of 2023, the Ministry of Finance attracted UAH 110.8 billion, USD 785 million, and EUR 87 million to the state budget by placing domestic government loan bonds.

This follows from a statement by the National Bank, the Ukrainian News agency reports.

The Ministry of Finance placed UAH 110.777 billion worth of hryvnia-denominated bonds, which is 168.3% more than in the same period of 2022.

The ministry also placed securities worth USD 785 million and EUR 87 million, up 356% and 1,113.3% year over year, respectively.

The weighted average yield of securities in hryvnia was 19.1% per annum (+0.2 percentage points), in dollars – 4.5% per annum (+0.2 percentage points), in euros – 2.7% per annum (-0.3 percentage points).

As the Ukrainian News agency earlier reported, in 2022, the Ministry of Finance attracted UAH 164.4 billion, USD 2,089 million, and EUR 984 million to the state budget by placing domestic state loan bonds.

In 2021, the Ministry of Finance attracted UAH 287.9 billion, USD 3,096 million, and EUR 783 million to the state budget thanks to the placement of bonds.

In 2020, the Ministry of Finance attracted UAH 258.8 billion, USD 3.9 billion, and EUR 845 million to the state budget thanks to the placement of bonds.

The Ministry of Finance fulfilled the plan for borrowing to the state budget by 67.3%, attracting UAH 1,261.1 billion in 2022.