Bond Market Insight -- Yields down slightly
​Yesterday's demand at the primary auction was quite small, concentrated on 3-year bonds, as expected. Out of UAH354.87m in demand (par value), one bid was for the 12-month bond at UAH0.01bn (par value), one for the 2-year bond at UAH0.01bn, and six bids for the 3-year bond for a total of UAH0.33bn. The small demand was not the problem to decrease interest rates.
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