OREANDA-NEWS. August 01, 2011. In the course of 2010 and 2011 the Government of Ukraine managed to restore the confidence of foreign investors to the Ukrainian debt securities, which was lost in the period of 2008 - 2009. The June issue of five-year Eurobonds of Ukraine in the amount of 1,250 billion USD at the rate of 6.25% apr is the best confirmation of this.

The Government is preparing for all possible scenarios of development of events and take all necessary measures, given the volatility of the external markets, as well as high risks of deployment of the new wave of the global financial-economic crisis. Therefore a considerable share of external borrowings of Ukraine is reserved for these challenges.

In addition, today the Government has to repay too expensive debts, remaining as a legacy of the previous government. So, for example, the average weighted interest rate on Bonds of 2009 amounted to 20,15% per annum, and in 2010, since the current Government is working, was reduced to 12,71% per annum and is already 8,82% per annum in 2011.

This is evidence that the Government holds a well-balanced policy of Public Debt Management, which adequately perceived and supported by international and domestic investors.