KIEV, Nov. 13 – Ukraine's aggregate state debt in 2009 will grow to 44.5% of gross domestic product, reads the prospectus of the issue of OJSC Naftogaz Ukraine's eurobonds worth $1.595 billion, which cites this forecast by the government.

According to the document, the state debt will continue growing in 2010 and will hit 48.4% of GDP.

The previous materials of Naftogaz and the Ukrainian government made public on Sept. 25 simultaneously with the Naftogaz $500-million eurobond swap offer said that the state debt forecast by the end of 2009 and for 2010 was considerably lower: 37.8% of GDP and 37% of GDP respectively.