Bonds: Primary auction results



17 вересня 2014 года
ICU

After several failed auctions of similar bonds since January of this year, the MoF yesterday sold US$8.0m in 2-year USD-denominated bonds at 8.10% to only one bidder.

Investment implications: Proceeds from yesterday's auction are insufficient amidst the paltry demand for FX-denominated bonds offered after because of the local currency devaluation. No trend is apparent.

Источник: ICU

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