KIEV, Dec. 26 ??“ UkrSibbank has placed five-year Eurobonds worth $500 million, and demand on bonds of this bank exceeded supply by more than two times, the bank said on Monday.

"On December 21, UkrSibbank placed five-year Reg S Eurobonds worth $500 million with 7.75% interest and maturing in 2011, the bank said in a statement.