Bond Market Insight -- Interest rates poised to decline
​Yesterday, the MoF continued to sell bonds while decreasing interest rates as it accepted large bids and rejected only small demand for the 9-month bond. This auction received a total of four bids for UAH807.09m, from which it sold UAH785m (par value) as follows: UAH500m of 11-month bonds were sold to two bidders and UAH285m in 5-month bonds to one bidder. Total budget proceeds amounted to UAH709.66m.
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