MOSCOW, December 19. /ITAR-TASS/. At Ukraine’s proposal the VTB Capital bank will be the bookrunner of the Russian National Wealth Fund’s (NWF) placement in Ukrainian Eurobonds under the English law on the Irish Stock Exchange, Russian President Vladimir Putin told the annual grand press conference.

“As you know, these funds of the NWF are our reserve funds. Our government reserves now amount to $175 billion, while gold and currency reserves of the Central Bank total $515 billion. We provide these funds, $15 billion, from the government’s reserves on commercial terms — 5% of the coupon,” Putin explained. At Ukraine’s request these Ukrainian bonds will be offered on the Irish Stock Exchange with VTB Capital as a bookrunner proposed by Ukrainian side, Putin added.

“It was not our proposal,” he added. “We were ready to accept any ideas.