KIEV, Nov. 7 – Ukraine raised $700 million from selling 10-year Eurobond on Thursday successfully defying turbulence that has been plaguing credit markets around the world due to on-going mortgage crisis in the United States.

Demand for the Eurobond, mostly from institutional investors, has been reported at $2.5 billion, helping to keep the yield at 6.75%, the lower range of analyst expectations, according industry sources.