In Ukraine, the law on amendments to Article 11 of the law of Ukraine on securities and stock market with respect to treasury bonds enters into force today. The law allows the issuance of treasury bonds in foreign currency. The law was published in the edition of the Voice of Ukraine newspaper dated August 7, 2012 and shall come into force on the day following its publication, i.e., on August 8.
Under the amendments, introduced to the law of Ukraine on securities and stock market, the nominal value of treasury bonds shall be determined in foreign currency.
In addition, Ukraine shall sell, pay money income and repay treasury bonds in domestic or foreign currency in accordance with the terms of their placement and repayment.
In autumn, the National Bank of Ukraine plans to issue treasury bonds in the amount of $ 200 million. The law stipulates that individual can buy state treasury bonds in the amount of 150 thousand UAH without presentation of documents. In case of purchasing bonds for a larger sum, a person shall have a personal identification document.
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