You're reading: Bloomberg Businessweek: Ukraine’s Finance Minister Shlapak sees US-backed bond sale before election

The Ukrainian government will hold a $1 billion U.S.-backed bond sale before a presidential election scheduled for May 25, Finance Minister Oleksandr Shlapak said. The five-year bonds with U.S. guarantees will be sold at a yield of as much as 2.9 percent, according to a government notice published on its website today, less than the 5 percent rate offered by Russia in a bailout deal in December.

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