Lviv Gets Permission to Issue UAH 210 mln in Municipal Bonds
21 April 2008
The Ministry of Finance announced Friday that it has permitted the Lviv City Council to issue UAH 210 mln (USD 41.6 mln) in municipal bonds. The bonds will be issued in two series: one in the amount of UAH 210 mln (USD 39.6 mln) with a five year tenor and a yield capped at 12% and another in the sum of UAH 10 mln (USD 2.0 mln) with a three year and five month tenor and a yield of no more than 14%.
