Primary auction results

Primary auction results



17 березня 2016 года
ICU

The MoF sold a new portion of 3-year bonds at the 20% cut-off interest rate as it accepted a single bid that amounted to UAH80m. With this auction outstanding of the issue rose to UAH615m.

Investment implications: The MoF continued to accept bids at or below priorly accepted interest rates, as bids at higher rates are routinely rejected. This has caused insufficient demand at the primary market as expected rejection of real interest rates for government bonds prevents market players from submitting their bids.

Источник: ICU

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