KIEV, June 3 – Ukraine's forex reserves grew by 3%, or $287 million, in May, to $9.918 billion, the National Bank of Ukraine reported on Wednesday.

The positive balance of NBU interventions was estimated at $69 million last month.

The reserves were partly replenished with $1 billion from the placement by the Ukrainian government of U.S.-backed bonds amid simultaneous repayments worth $758 million on state guaranteed debt in May, the NBU said.