DAVOS, Jan. 23 - Ukraine could issue a second tranche of eurobonds soon, but this might not be quite as big as the first, Andrei Kostin, head of Russia's VTB, told reporters.

"We are the organizers of the eurobond issue that Ukraine is placing, we will be preparing the second tranche," Kostin said.

Asked when the second tranche might be placed, Kostin said: "Soon, I think."