Markets

Ukraine sells $299m, 1.24bn hryvnias in bonds

Published November 19, 2013 Updated November 19, 2013 06:19pm

KIEV: Ukraine finance ministry said it raised $299 million and 1.238 billion hryvnias (about $155 million) at an auction of local currency and dollar bonds on Tuesday.

The weighted average yield on three-year dollar bonds with early repayment rose to 7.75 percent from 7.50 percent in the previous placement on March 26.

Three-year hryvnia-denominated dollar-linked bonds yielded 9.50 percent, up from 9.10 percent in the previous sale on March 19.

The yield on 10-year hryvnia bonds remained unchanged from the previous placement on Sept.3. Yields on five-year and three-week hryvnia bonds, previously sold on Nov.12, were also flat at 14.25 percent and 4.00 percent, respectively.