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ICU
Research Team

Bond Market Insight -- Proceeds and interest rates rise higher

Yesterday, the MoF borrowed about UAH7.5bn, nearly half of which were in local currency. In addition to bonds with maturities up to one year, UAH0.73bn of 5-year bonds and US$0.14bn of USD-denominated bonds were sold. At the same time, interest rates for short-term local currency bonds increased 50bp from the previous auction, while the MoF set the 5-year bond cut-off rate at 15.80%. It accepted only the cheapest bids, or about 63% of the total demand at the auction.

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ICU

ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.

More information about ICU you can find at https://www.icu.ua/

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