OREANDA-NEWS. December 19, 2011. Resolution No. 1280 of the Cabinet of Ministers of Ukraine "On Amending the Resolution No. 80 of the Cabinet of Ministers of Ukraine dated January 31, 2001" dated December 12, 2011 has entered into force.

This resolution has validated:

- basic issue conditions and placement procedure for short-term government bonds nominated in foreign currency;

- basic issue conditions and placement procedure for short-term and mid-term government bonds nominated in foreign currency.

These changes have been based on the Law of Ukraine "On Amendments to Article 10 of the Law of Ukraine "On Securities and Stock Market" having entered into force on December 15, 2011. As such, Article 10 was supplemented with a rule providing for the sale of internal bonds in local or foreign currency.

Thus, the new financial instrument may be purchased by banks, non-residents, legal entities and individuals, by the way of cooperating in the government securities market with primary dealers of the Ministry of Finance of Ukraine.