OREANDA-NEWS.  February 10, 2012. In accordance with the Regulation on public debt risk management approved by Order No. № 461 of the Ministry of Finance of Ukraine dated June 16, 2010, the Ministry of Finance has drafted the Public Debt Management Program for 2012, containing the information on:

- State Budget figures for relevant year in terms of public debt and public borrowing;


- debt instruments expected to be applied to finance the state budget in the relevant year in terms of amounts, maturities, currencies and interest rate type, and allowable spacing deviations from them, with appropriate justification (as part of managing the interest rate and currency risk and refinancing risk);


- Reference tools to be placed in the relevant year, in terms of maturities with the appropriate justification;

- Target values and allowable ranges of deviations from them as of the end of the relevant fiscal period:


share of public debt in foreign currency in total public debt (as a component of currency risk);

share of public debt with floating interest rates in the total public debt (as a component of interest rate risk);

weighted average maturity of internal and external public debt (as part of refinancing risk);

interest refixing indicator (as part of refinancing risk) with the appropriate justification;


- Practical implementation and operations of active public debt management with appropriate justification;


- The management of credit, rating, operational and liquidity risks with appropriate justification;

Also, the plan is drafted for public debt management in the 1st quarter 2012.