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Ukrainian Finance Ministry placed UAH 10.3m worth of domestic government bonds (OVGZ) due 2010

February 5, 2008 Interfax-Ukraine

The Finance Ministry of Ukraine floated 10,000 domestic government bonds (OVGZ) worth UAH 10.265m on February 4. The bonds are to be redeemed on May 5, 2010. The bonds yield 7.6% p.a. which corresponds to the yield registered at the previous auction.

The Ministry also attempted to auction bonds due February 2010 but this attempt was not successful.

The Ministry has already announced that every Monday it will auction taps of two and three year bonds issued in 2005 and 2006; every second Thursday the ministry plans to auction bonds issued in 2008 and due in 5 and 7 years.

Company — Finance Ministry of Ukraine