Government Planning 30-year Eurobond?

According to a local news agency report citing an unnamed “informed” source, the government is planning to issue $500m to $1 bn worth of US dollar-denominated bonds in the fourth quarter with 30 years maturity. Oleksandr Klymchuk: The issue would the longest maturity ever for a Ukrainian issue. Unlike Russia and other EM peers, Ukraine has only short- and mid-term debt. Currently the longest-datd sovereign issues are the recent Swiss franc Eurobonds which mature in 2018 and Euro-denominated bonds maturing in 2015. If the report is correct and the plan is carried out, we expect the yield for the issue would be 7.2-7.4%. Finance Ministry officials are also looking into tapping the yen market.