"Notwithstanding the approval and publication by the Central Bank of Ireland of the prospectus dated 17 February 2014 in relation to the undermentioned proposed issue of securities, the Issuer hereby confirms that no such securities will be issued.
UKRAINE REPRESENTED BY THE MINISTER OF FINANCE OF UKRAINE
Increase by 1,984,838,000 of the U.S.$3,000,000,000 5 per cent. Notes due 2015
There goes $2bn in influence for the Kremlin? The cancellation notice to the Irish stock exchange has come as European foreign ministers attempt to barter a political deal in Kyiv, including it seems earlier elections.
The Russian government was set to be the sole buyer for this bond, background on which here, as part of a $15bn programme. Ukrainian bonds at first rallied this morning though on news of the negotiations. And we thought the bond’s terms themselves were surreal enough already…"
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