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Russia purchases first tranche of Ukraine’s sovereign bonds worth $3 billion

Ukraine's Prime Minister Nikolai Azarov has confirmed that the National Bank of Ukraine has received the first tranche

(L-R) Ukraine's PM Nikolai Azarov and Russian Prime Minister Dmitry Medvedev ITAR-TASS/Yekaterina Shtukina

(L-R) Ukraine's PM Nikolai Azarov and Russian Prime Minister Dmitry Medvedev

© ITAR-TASS/Yekaterina Shtukina

MOSCOW, December 24. /ITAR-TASS/. Russia has purchased the first tranche of Ukrainian sovereign bonds worth $3 billion, Russia’s Prime Minister Dmitry Medvedev said at a meeting with his Ukrainian counterpart Nikolai Azarov on Tuesday.

“Yesterday, on my behalf and according to the documents signed, we have purchased the first tranche of sovereign bonds worth three billion US dollars, and yesterday they were sent to the National Bank of Ukraine,” Medvedev said.

In return, Azarov confirmed that “today the National Bank of Ukraine has actually received the first tranche on its account”.

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