Deputy PM: Ukraine unlikely to place Eurobonds by 2011.

By bne IntelliNews August 3, 2010
Vice PM for Economy Serhii Tihipko admits that Ukraine may place eurobonds by the end of 2010 despite decision of the International Monetary Fund to allocate USD 15.15mn of stand by loan during 2.5 year, he told the press. He did not specify the desired yield of the eurobonds. Earlier, the FinMin announced approximate yield of 6-7% per annum. As earlier reported, on July 29, PM Mykola Azarov also admitted placement of eurobonds by the end of 2010. Road-show of 10-year eurobonds worth USD 2bn was held on July 7-13, however, the Finance Ministry decided not to place them as the investors offered unacceptable requirements.

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