Ukraine draws again on Russia aid package with $2 billion bond extension


  • World
  • Monday, 27 Jan 2014

KIEV (Reuters) - Ukraine's government said on Monday it was extending a $3 billion eurobond (£ 2.48 billion) for purchase by Russia by a further $2 billion under a $15 billion bailout package offered by Moscow to help the former Soviet republic out of an acute economic crisis.

The government said in a statement the terms would be the same as the $3 billion bond issued in December, meaning it would be over two years at an interest rate of 5 percent.

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