You're reading: Source: Demand for Ukraine’s eurobonds exceeds 7 billion euros

MOSCOW – The final benchmark for the yield of Ukraine’s ten-year eurobonds is 4.375-4.625%, a source in banking circles has told Interfax.

The initial benchmark for the yield was 5%, then it was reduced to 4.75%. The demand for eurobonds of the country, according to recent data, exceeded 7 billion euros.

The organizers of the transaction are BNP Paribas, JP Morgan and Raiffeisenbank.

Earlier, an Interfax source said Ukraine on Jan. 22 began placing a new issue of eurobonds in euros. Later, information on plans for the placement was officially confirmed by the Ukrainian Ministry of Finance.