10 Jun 2022 11:41

National Bank of Ukraine buys military bonds for another 70 bln hryvni

MOSCOW. June 10 (Interfax) - The National Bank of Ukraine (NBU) has bought the government's military bonds for 70 billion hryvni this week, the bank said on its website on Thursday.

Thus, the total amount of the NBU's financing of the country's budget deficit has reached 190 billion hryvni, including the first military bonds acquired by the NBU for 20 billion hryvni on March 8, 50 billion hryvni in April in May, and 70 billion hryvni since the beginning of June.

As of June 9, the Ukrainian banking system's liquidity in the national currency stood at 192 billion hryvni, including 149 billion hryvni in certificates of deposit, 43 billion hryvni in banks' funds kept in correspondent accounts, as well as $7.5 billion in foreign currency, including $6.3 billion in banks' nostro account balances, the Ukrainian media said, citing the NBU.

Meanwhile, Ukrainian banks' portfolio of domestic government bonds has decreased by 3.804 billion hryvni, or by 0.7%, to 533.56 billion hryvni as of June 10 from the 537.384 billion hryvni on the previous day.

NBU data indicate that, on the whole. the portfolio of domestic government bonds has increased by 65.854 billion hryvni, or by 5.8%, to 1.205 trillion hryvni from 1.139 trillion hryvni the day before.