KIEV, Nov. 21 - Kiev-based Nadra Bank has delayed a eurobond placement until the first half of 2007 due to high rates on the foreign borrowing market, Igor Gilenko, the bank's president, said at a press conference.

"We have deferred the eurobond placement, originally planned for the fall, until the first half of next year. We don't like the state of market and we don't want to borrow money at these rates," Gilenko said.