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09/17/2019. ICU: Weekly Insight -- MoF offered FX-denominated bills again

After a two-month hiatus, last week, the Ministry of Finance offered FX-denominated bills, significantly increased budget proceeds, and replenished hard currency accounts after external debt repayments. Today, only UAH-denominated government bonds wil be placed, so the volume of new funds will decline. We expect that the main participants of the placement will be foreigners, so their portfolio will continue to grow.

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