Special VAT bond issue to amount to UAH 16.4 bln
20 July 2010
Deputy Prime Minister Sergiy Tigipko said yesterday the government has completed verifying exporter applications for special sovereign UAH bonds (VAT bonds) in exchange for their VAT receivables from the state. The confirmed amount of the bond issue is UAH 16.4 bln (USD 2.1 bln), down from an earlier estimate of UAH 17.7 bln. Issuance to primarily recipients – corporate exporters — is expected to start in early August.
