The Cabinet of Ministers of Ukraine has instructed the Ministry of Finance to issue 15-year government domestic bonds worth Hr 116.8 billion at 10.5 percent per annum to pay for shares of the Ukraine’s largest bank, PrivatBank, nationalized by the government decision of Dec. 18.
Government Decree No.961 says: “The Ministry of Finance shall provide a transparent, controlled, continuous operation of information technology system and information processing, as well as an agreement with the National Bank of PJSC PrivatBank’s liquidity support plan.”
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