Ukraine places USD 0.6 bln in 5Y Eurobond at 7.46% YTM

Ukraine’s Finance Ministry (UKRAIN) placed an additional USD 600 mln in 9.25%-coupon Eurobonds maturing in July 2017, mass media reported yesterday. An prior Eurobond placement with identical parameters, worth USD 2 bln, was placed in July 2012. The placement price of the additional issue was reportedly 107.125, which is close to the bond’s current market price (yielding 7.46% to maturity).