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Ukrainian Finance Ministry to place min. UAH 300m worth of domestic government bonds (OVGZ) per month in Q1, 2008

January 28, 2008 | Ukrainian News

The Finance Ministry of Ukraine plans to hold auctions for domestic government bonds (OVGZ) in Q1, 2008. The auctions are scheduled for every Monday and every 2nd Thursday of each month. The Ministry intends to place min. UAH 300m worth of domestic government bonds per month, according to the Ministry report.

The Ministry also plans to tap the market with its previously issued bond series till every series amounts to UAH 1bn.

The state budget for 2008 includes UAH7.776bn of domestic borrowings.

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