Business
Ukraine places UAH2 billion hryvnia-pegged domestic bonds at 19%
Journal Staff Report
KIEV, Aug. 20 – Ukraine, with the participation of Deutsche Bank at a primary auction on August 15, placed 2.5-year hryvnia-pegged government domestic loan bonds worth over UAH 2 billion among nonresidents, Prime Minister Arseniy Yatseniuk told reporters.
"We've placed securities worth $200 million via Deutsche Bank at 19% in hryvnias. This means that they [foreign investors] believe that stability will be seen in Ukraine and there will be no exchange rate fluctuations," the premier said at a meeting with farmers in Cherkasy region on Tuesday.
http://www.ukrainianjournal.com/index.php?w=article&id=19026
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Not up on this type of info.
Guess this is 2 billion worth of foreign investment that's being sold?
That would then make it a foreign debt - because investors must be paid.
