The Ministry of Finance of Ukraine has updated the schedule for conducting auctions for the placement of domestic government bonds for February, removing the offering of the longest 4-year bonds in hryvnias from it.
According to the new schedule for the placement of government bonds (OVGZ), published on the Ministry's website, an auction for the sale of one-year bonds in euros has been added on February 11, whereas the initial schedule for the first quarter of this year only provided for one such auction on March 18.
The rest remains unchanged: every Tuesday, the Ministry will offer hryvnia OVGZ maturing on June 24, 2026, and June 9, 2027, with the cutoff rates at the latest auctions in January rising by 0.5 percentage points (p.p.) to 15.6% and 16.7% per annum, respectively.
Additionally, on February 4, the first auction for the placement of dollar bonds will be held this year, maturing in one year.
As reported, at the last auctions on January 28, the Ministry managed to attract 6.23 billion hryvnias, of which 5.69 billion hryvnias were from the sale of long four-year bonds at an interest rate of 13.99% per annum, which the National Bank designated as benchmark bonds and which banks can use to form up to half of their mandatory reserves.