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The Ministry of Finance of Ukraine released another issue of VAT bonds

The Press service of the Ministry of Finance of Ukraine informs that the approved registry includes 50 taxpayers. The nominal value of one bond is UAH 1000. The bonds will be amortized semiannually by 10% of par value to fully amortize on July 2, 2019. The total amount of VAT bonds issued (including 3,5 bln and 2,2 bln in July) is 6 bln 702 mln 737 thousands hryvnas, according to the Ministry. 

As we earlier reported, on 21 May 2014 the Cabinet of Ministers of Ukraine pre-approved the issue of domestic government bonds ("VAT Bonds"). The Cabinet of Ministers resolution of June 18, 2014, limits the VAT bonds issue to 7bln hryvnas.

 

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