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. Last Updated: 07/27/2016

Kiev T-Bills Firm Up

n KIEV -- Yields and volumes on Ukraine's treasury bill market were seen firming slightly this week after the finance minister raised a lower-than-expected 53.03 million hryvnias ($28.28 million) from last week's sales, analysts said Tuesday.

"Fund managers just took a big hit from world market volatility and they are a little more risk averse than they were. There is still some uncertainty on the market," said Patricia Bartholomew, senior analyst at WoodCommerz in Kiev.

But she said a new central bank rule forcing banks to close their positions on the currency market at the end of each trading day had helped calm nerves.