The S&P has assigned the B- rating on Ukraine's Eurobonds worth USD 3bn , the agency said. The yield of the securities is 5% per annum. It is paid annually on June 20 and December 20 starting from June 20, 2014 . The maturity date is December 20, 2015 . On Dec 17 , the Ukrainian and Russian presidents negotiated a USD 15bn aid package. The deal includes lowering the gas price that Ukraine pays Russia by 35% to USD 269 per 1,000m3 from USD 400 per 1,000m3 currently. Russia will tap into its sovereign National Welfare Fund to purchase Ukrainian securities. The deal signed with Russia provides mid-term relief for Ukraine and will likely help Yanukovych to remain in his seat until the presidential elections in 2015. The question that stands out is what has Yanukovych promised in return for the financial aid and how will Ukraine address the long-term risks for the economy.
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