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Government converts debt owed to NBU into domestic loan bonds
Journal Staff Report

KIEV, Jan. 13 – Ukraine's Finance Ministry late in 2009 securitized the remaining sum of the Cabinet of Ministers' debt owed to the National Bank of Ukraine into government domestic loan bonds, which will be then transferred to the central bank, the NBU said in a statement.

"In total, the Finance Ministry placed government domestic loan bonds (including those issued to recapitalize and restructure the remaining sum of the cabinet's debt to the NBU under Article 4 of the law on the 2009 national budget of Ukraine) to the tune of UAH 74.533 billion in 2009," the NBU said.




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