KIEV, June 30 - Kiev has placed $300 million in five-year eurobonds at 9.375%, a source at the city's administration told Interfax-Ukraine.

Investors from Russia, the United States and Britain bought most of the bonds.

Credit Suisse, Vnesheconombank and VTB Bank are the issue's organizers.

The funds raised from the issue will be used to refinance $200 million in current eurobonds slated to mature on June 15, 2011, as well as over needs.