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Russia may buy $3 bln worth of Ukrainian Eurobonds by end of week - IFAX

Source: Reuters - Tue, 17 Dec 2013 06:34 PM
Author: Reuters
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MOSCOW, Dec 17 (Reuters) - Russia may buy $3 billion worth of two-year Ukrainian Eurobonds at 5 percent interest by the end of the week, Russia's finance minister said, after Moscow agreed a $15-billion bailout for Kiev.

Finance Minister Anton Siluanov was quoted by Interfax news agency as saying Russia had agreed to purchase Ukrainian Eurobonds under a deal reached on Tuesday.

Siluanov said the bond purchases would help Ukraine stave off bankruptcy and added: "It is an even more secure tool than a state loan."

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