Kyiv City Administration on Wednesday paid $14.063 million on 2011 eurobonds, Deputy Head of Kyiv City Administration Ruslan Kramarenko has said.

"On July 10, 2013, Kyiv settled a regular six-month payment for the use of a loan received via the public placement of eurobonds of Kyiv city on the international capital market in 2011," Kramarenko told Interfax-Ukraine.

He said that the city paid $14.0625 million. This is a six-month coupon for five-year eurobonds worth $300 million placed in 2011 at 9.375% per annum.

He reminded that Kyiv has been issuing eurobonds since 2003.

"Now, the city has fully paid on 2003, 2004 and 2007 eurobonds, and at present 2005 and 2011 eurobonds are circulating on the market," he said.

2005 eurobonds worth $250 million will be paid back in 2015, and 2011 eurobonds worth $300 million will be paid back in 2016.

In 2003, Kyiv city placed eurobonds at 8.75% per annum, in 2004 - at 8.625% per annum, in 2005 – at 8% per annum, in 2007 – at 8.25% per annum and in 2011 – at 9.375% per annum.