OREANDA-NEWS. As informed by the Bank’s press service with reference to the department of investment banking services

They have got bids for the amount of UAH 2,3 billion that three times exceeded the offered sum. Yields suggested by potential buyers were in the range of 10,25% to 11%, which is significantly below the nominal yield 12% per annum.

Significant demand for the bank bonds allowed reducing the yield of placement. Average weighted yield of the placement made 10,375%.

The demand is due to the growing interest of foreign investors to Ukraine after the parliamentary elections and stable confidence to the Ukrainian banking system.

The sum of UAH 750 million drawn in the course of the Bank UAH bonds placement will allow enhancing Ukrsotsbank competitive positions and improving legal entities and individuals crediting conditions.