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Finance ministry to issue bonds to securitize value-added tax refunds
Journal Staff Report

KIEV, Aug. 4 – Ukraine's Finance Ministry will issue bonds to securitize delayed value-added tax refunds (VAT bonds) to the tune of about UAH 16 billion in three or four tranches within August, First Deputy Finance Minister Vadym Kopylov said.

"I believe that the entire amount will appear [on the market in August]. It is estimated at about UAH 16 billion," he told reporters.

In his words, the difference of the amount from the previously planned sum will not exceed UAH 1 billion.




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