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Russia buys 3 billion USD worth of Ukrainian bonds

English.news.cn   2013-12-24 22:00:04            

MOSCOW, Dec. 24 (Xinhua) -- Russia had bought 3 billion U.S. dollars worth of Ukrainian government bonds, the first tranche under an agreement signed a week ago, Russian Prime Minister Dmitry Medvedev said Tuesday.

In talks with visiting Ukrainian counterpart Mykola Azarov, Medvedev said the funds were transferred to the Central Bank of Ukraine on Monday.

Medvedev also urged both sides to revive bilateral relations and trade, economic and investment cooperation.

Russia and Ukraine signed the bond agreement during a meeting between Russian President Vladimir Putin and Ukrainian President Viktor Yanukovych on Dec. 17. Under the deal, Russia will buy 15 billion dollars worth of Ukrainian government bonds and slash the price of natural gas for Ukraine.

Azarov, who was in Moscow to attend a session of the Supreme Eurasian Economic Council, said the agreement gave Ukraine an opportunity to improve its international credit ratings and leave the risk zone.

"For us, this is a very serious, stabilizing factor," Azarov was quoted by Russia's official government website as saying.

Editor: An
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