Ukraine places USD 1.25 bln 10-Y Eurobond



20 листопада 2012 года
Конкорд Капитал

The Ukrainian government has placed 10-year Eurobonds worth USD 1.25 bln, Interfax reported on Nov. 20, citing its sources. Both the coupon rate and yield were 7.8%, according to the source. Its closest peer, the Ukraine-21 Eurobond, traded at 7.2% yesterday.

Alexander Paraschiy: The proceeds came on time and their amount matches the total November repayments of the government (USD 1.0 bln to the IMF) and Kyiv city (USD 0.25 bln in Eurobonds). This will allow a softening of pressure on both NBU reserves (which fell USD 2.4 bln, or 8.4% mom, in October) and the local currency. Therefore, we are now more comfortable with our end-year USD 23 bln NBU reserves estimate and UAH rate estimate at 8.4/USD.

Источник: Конкорд Капитал



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