ORDER OF THE MINISTRY OF FINANCE OF UKRAINE

of September 7, 2012 No. 980

About approval of the Procedure for cost determination of sale of treasury obligations of series A and form of the form of the certificate of treasury obligation

According to article 11 of the Law of Ukraine "About securities and the stock market" and the resolution of the Cabinet of Ministers of Ukraine of September 5, 2012 "About release of treasury obligations" I ORDER to No. 836:

1. Approve enclosed:

Procedure for cost determination of sale of treasury obligations of series A;

form of the form of the certificate of treasury obligation.

2. Establish date of issue of treasury obligations of series A on October 10, 2012.

3. Declare invalid the order of the Ministry of Finance of Ukraine of July 8, 2009 No. 874 "About approval of the Procedure for cost determination of sale of treasury obligations and forms of the form of the certificate of treasury obligation", registered in the Ministry of Justice of Ukraine on July 28, 2009 for No. 704/16720.

4. (Pakhachuk G. D.) to provide to department of debt and international financial policy:

submission of this order on state registration in the Ministry of Justice of Ukraine;

promulgation of this order.

5. To impose control over the implementation of this order on the deputy minister Rybak S. O.

6. This order becomes effective from the date of its official publication.

 

Approved by the Order of the Ministry of Finance of Ukraine of September 7, 2012, No. 980

Procedure for cost determination of sale of treasury obligations of series A

1. This Procedure establishes the cost of sale of treasury obligations of series A (further - treasury obligations) in case of their placement.

2. For the purpose of ensuring identical level of profitability for buyers of treasury obligations the cost of their sale changes depending on sale date.

In day of release treasury obligations are placed at par value.

Placement of treasury obligations in the next days is performed at the cost of sale which increases during the coupon period, taking into account the cumulative income, proceeding from the established income size according to the coupon.

After payment of coupon yield the cost of sale of treasury obligations falls for payment amount according to the coupon and periodically increases up to the next payment of coupon yield.

The cost of sale of treasury obligations is established for the period eight calendar days and changes after its completion taking into account the income which is saved up during the next eight-day period, proceeding from the established income size according to the coupon.

In case of cost determination of sale of treasury obligations the calculated value is rounded to the next integer in US dollars.

3. For all circulation period of treasury obligations, proceeding from the date of their sale, such cost of sale is established:

Sale dates of treasury obligations of the series A Cost of Sale of One Treasury Obligation, US dollars