EBRD issues hryvnia bonds

The European Bank for Reconstruction and Development (EBRD) has issued Eurobonds worth $10 million pegged to the weighted average rate of the hryvnia on the interbank foreign exchange market.

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As stated in the bond issue prospectus, the securities were issued at a 9.5% coupon rate of 9.5%, maturing on August 2, 2018.

The bonds are listed on the London Stock Exchange.

It is also reported that the issue has been set up by ING Wholesale Banking (London).

Read alsoReuters Exclusive: EBRD to shut five out of seven Russian offices next yearUNIAN memo. The European Bank for Reconstruction and Development is the largest investor in Ukraine and provides support to our country for implementing important reforms for the economy, participating in dozens of projects. The total amount of funding for existing projects exceeds EUR 4 billion.

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