Page 55 - UKRRptMay19
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Jan. 1. Reflecting the growing popularity of online shopping, one of all Nova Posha branches are in towns with less than 10,000 people.
Two days after the presidential election, strong demand from bond buyers allowed the Financy Ministry to cut yields on short term bonds and to sell 5-year bonds for the first time in eight months. For the popular 4-month hryvnia bonds, demand was more than double the 1.5bn hryvnia offer, allowing finance officials to lower the annual rate to 19%, from 19.5%. In the first effective placement of 5-year bonds since August, the government sold 3.5bn hryvnia at 16%, during down one 290mn hryvnia offer at 16.2%.
55 UKRAINE Country Report May 2019 www.intellinews.com
