The Ministry of Finance disburses the money
On November 26, 2014, the funds needed to pay off treasury debt, including paying out the accrued interest on treasury bonds of series B, were transferred to the Public Joint Stock Company Oschadbank of Ukraine in full, the press-office of the Ukraine’s Ministry of Finance reports.
Repayment of treasury securities of series B as well as interest payments will be made after November 28, 2014, within a year.
The placement of the above said government bearer securities - payable on demand, of a documentary form of issue, totalling $100 million and maturing in 24 months, with face value of $500, annual interest rate of 8 % and coupon payment to be made every six months, was made on November 30, 2012, and ended on December 7, 2013.
