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Government VAT bonds being priced unrealistically, says EBRD official
Journal Staff Report

KIEV, June 21 - Enterprises could sell government domestic loan bonds received as reimbursement for VAT due to the interest to this instrument in the financial markets, but a discount of 20-30% would be unfair with regard to the enterprises, European Bank for Reconstruction and Development Director for Ukraine Andre Kuusvek said.

He told reporters that the nominal yield of the VAT bonds of 5.5% set by the government does not correspond to a market level.




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