KIEV, March 11 – The Ukrainian cabinet has ordered Naftogaz Ukrayiny to reimburse expenses of the national budget on the issue of state guarantees as a part of the restructuring of the state holding's foreign debts.

Naftogaz Ukrayiny is to pay 0.01% per annum on the nominal value of unredeemed bonds issued by the state holding according to an agreement on asset management signed by the cabinet, Naftogaz Ukrayiny and the Bank of New York Mellon, and according to a guarantee agreement signed by the Ukrainian cabinet and Standard Bank PLC, Credit Suisse International, DEPFA Investment, Bank Limited, Linton Capital Limited, Parbeck Capital Limited, Deutsche Bank AG and London's branch of Credit Suisse. The funds are to be paid in the terms set as payment of interest rates for the said bonds by Naftogaz Ukrayiny.