The Finance Ministry by one issue of Eurobonds has attracted USD 500 million, IC Dragon Capital analyst Olha Slavinska has said, UKRINFORM reports citing Kommersant-Ukraine newspaper.

"From the Bloomberg statement it follows that the bid book was closed till December 20. Apparently, there were bids at USD 500 million and organizers did not take more," Slavinska noted.

Credit Suisse stood as underwriter.

According to the expert, most likely that large U.S. foundations and Russian VTB became purchasers of the last issue of Eurobonds: "The largest part of the issue was purchased by large investors that have no intention to sell them. At the same time, yield on securities was above the sovereign curve. Immediately after placement, a price for securities grew by two percentage points, and by the Monday evening the securities were traded one percentage point down the sovereign curve."

As UKRINFORM reported, on Monday, at the Cabinet's website, a resolution appeared of December 15 permitting to attract USD 600 million. The document reads that the Finance Ministry should place Eurobonds with the yield of 6.7% annual. The interest yield on the bonds is paid twice a year, whereas the maturity date is planned for December 21, 2011.

UKRINFORM