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Ukraine raises bond yields as demand softens at auction

Ukraine’s Ministry of Finance of Ukraine has nudged up yields on short-term government bonds, signalling a potential shift in borrowing conditions after a prolonged decline in rates, reported Ukraine Business News. At this week’s domestic bond auction, the ministry raised UAH3.5bn ($90mn) for the state budget through the sale of hryvnia-denominated government securities, known as OVDPs. [...]