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Finance ministry approves $3.5 billion of eurobonds for 2012
Journal Staff Report

KIEV, Feb. 10 – The plan for financing the general fund of the national budget for 2012 foresees the issue of eurobonds worth UAH 28.35 billion ($3.5 billion at the UAH 8.10/$1 exchange rate) with total financing of UAH 88.35 billion, reads the program of state debt management for 2012 approved by the Finance Ministry.

Under the program, foreign financing also includes obtaining UAH 4.05 billion ($500 million) from the World Bank.

Domestic financing of the general fund of the national budget of UAH 55.95 billion will be obtained through the issue of government domestic loan bonds to be placed for a period from six months to ten years.




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