According to the document, the coupon for the new securities will be paid on Nov. 29 and May 29, and they will mature on May 29, 2020.
The nominal value of a bond is $200,000 and a larger sum is divisible by $1,000.
Market players said that Ukraine managed to place the bonds with a premium of 32 basis points to the similar U.S. federal loan notes (around 1.85% per annum), while shorter Ukraine loan notes are currently traded on the market with a yield of around 50% per annum. Citi, JP Morgan and Morgan Stanley organized the deal.
Ukraine placed a first issue of loan notes worth $1 billion secured by the United States in May 2014. Their yield exceeded the yield of U.S. federal loan notes due on April 30, 2019 by 28 basis points, being 1.844% per annum. JP Morgan and Morgan Stanley organized the deal.
The new agreement on guarantees for another $1 billion was signed by Ukraine and the United States on May 18, 2015 in Kyiv. The guarantees ensure the 100% payment of the principal of the loan and interest rates accrued by the borrower.
The U.S. Department of the Treasury said if Ukraine continues its reforms, the United States could provide guarantees for a further $1 billion to issue loan notes until the end of 2015.