At the weekly scheduled auction on placement of sovereign bonds, hold on Tuesday, October 4, the Ministry of Finance failed to attract funds to the state budget, according to the ministry’s message.
As noted, during the auction, it was planned to place UAH bonds with circulation period of 6 and 9 months as well as 1 year and 5 years, however, the only investor’s application for acquisition of 5-year bonds remained unsatisfied.
It should be reminded that as per results of 8 months in 2016, the Ministry of Finance managed to attract UAH 30.073 bln through placement of UAH sovereign bonds (by 201% more than for 8 months in 2015) and USD 2.356 bln from the sale of sovereign bonds (by 266% more).
In August, Ministry of Finance reportedly attracted UAH 4.729 bln and USD 368 mln to the state budget through placement of sovereign bonds.
