The Cabinet of Ministers of Ukraine has endorsed an issue of government domestic loan bonds for UAH 229 billion mature in 2025-2047 to exchange for government domestic loan bonds with maturity in June 2017 - November 2030 in the portfolio of the National Bank of Ukraine.
The Cabinet of Ministers endorsed this decision at its sitting on Wednesday, Ukrainian News Agency reports.
The yield of the new government domestic loan bonds is defined at the level of inflation over the past 12 months plus 1.5 p.p.
In case of deflation the yield will be 1.5%.
As Ukrainian News Agency earlier reported, in early 2017 the National Bank of Ukraine and the Finance Ministry began discussions regarding the restructure of the government domestic loan bonds in the portfolio of the Ukrainian central bank.
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