According to the Ministry of Economy, Ukraine exceeded the threshold in 1997, where the cost of placement and servicing of BIGL may be covered at the cost of the state budget receipts from them.

Table 13
Results of BIGL-placing Auctions

Periods and terms of circulation	Number of auctions conducted	Number of placed bonds, thousand	Amount of funds raised to the state budget, mln UAH	Rate (average weighted, %)
1995	28	294	304	-
1996	285	31474.1	3062.9	-
1997	591	105087.6	8321.8	-
1998
January	65	8504.2	635.2	46.2
February	64	10423.8	752.1	48.9
March	51	9655.7	708.2	49.1
By terms in March:
91 day	12	1423.5	126.9	48.8
182 day	13	1642.9	132.1	48.87
273 day	13	1223.7	89.4	49.16
364 day	13	5366.6	359.8	49.31
April	55	9263.3	677.2	48.2
By terms in April:
91 day	5	807.8	72.2	47.78
182 day	6	1371.8	110.3	47.6
273 day	18	251.3	184.7	48.5
364 day	26	4564.4	310.0	4832

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