OREANDA-NEWS. October 12, 2012. The Ministry of Finance has started placing treasury bonds in bearer form in the documentary series A in the amount of 100 million USD with a maturity of 24 months, the face value of USD 500 and interest rate of 9.2% per annum and the payment of coupons every six months. This was announced by Finance Minister Yuriy Kolobov at a press briefing at the Cabinet Building.

According to Yuriy Kolobov, Treasuries will have sufficient demand by the general public because it is a tool, the reliability of which is guaranteed by the state.

"Treasury bonds are a reliable and least risky way to save money and not only to save, but also to get extra money" - said the Minister of Finance.

Sale of treasury bonds for individuals will be carried out in nearly 500 institutions of the Savings Bank throughout Ukraine. The Minister of Finance noted that the opportunity for realization may have other interested banks.

Answering a question regarding public confidence in this tool as Treasuries, Yuriy Kolobov said that the stability and reliability of the domestic financial market, primarily dictated by prudent fiscal policies implemented by the Government today. The state fully and timely meets its financial obligations.

Today, Ukraine is actively expanding its presence at international financial markets, as well as on the national stock market. The main innovation is the placement of T-bills with the indexed value of bonds denominated in foreign currencies, including with early repayment. Such tools are in high demand among banks.