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Finance Ministry holds auction to exchange domestic government bonds worth UAH 17 billion

Money. Photo: Depositphotos
Money. Photo: Depositphotos

The Ministry of Finance held a successful auction to exchange domestic government bonds worth UAH 17 billion.

It was reported in a statement from the Ministry of Finance, according to the Ukrainian News agency.

Investors exchanged bonds maturing on July 22, 2026, for a new issue with a maturity date of November 14, 2029.

The weighted-average yield on the bonds placed was 12.95%.

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Switch auctions are a tool that allows for:

▪︎ reducing the short-term burden on the budget;

▪︎ extending the average maturity of government debt;

▪︎ making the repayment schedule more balanced and predictable.

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As the Ukrainian News agency earlier reported, auctions for the placement of government bonds are held every Tuesday.

The face value of a single bond is UAH 1,000, USD 1,000, or EUR 1,000.

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