Ministry of Finance of Ukraine Introduces Regular Meetings with Banks
OREANDA-NEWS. January 11, 2012. The Ministry of Finance introduces regular meetings with the banks - primary dealers in government securities market. This was announced by the Minister of Finance Fedir Yaroshenko during the first such meeting which took place on January 10, 2012.
In order to summing up the last year and review of the coming prospects to the year 2012, there have been invited banks – primary dealers in government securities market, with which the Ministry of Finance of Ukraine signed agreements on cooperation and which have the exclusive right to participate in the placement of T-bills.
As noted by Fedir Yaroshenko, the last 2011 for the Ministry, as the Issuer, started well: with successful offerings not only short-term securities, but also 3 - and 5-year bonds, and significant rate cuts.
Two successful placement of Eurobonds in February and June, and increasing tax revenues have allowed satisfying the need for the Ministry of Finance in funds.
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