State-run Ukreximbank (Kyiv) and its bond holders have agreed to extend the maturity date of 2015 eurobonds worth $750 million for three months - until July 27, the bank announced on its website.

"As a result of constructive dialogue and efficient work with investors held by the management of Ukreximbank, with the support of the Finance Ministry of Ukraine as part of the overall management of the external debt of the public sector in accordance with the agreements between Ukraine and the International Monetary Fund, the maturity of the bonds due in April 2015 has been extended for three months until July 27, 2015, "the report said.

As reported, Ukreximbank in mid-April 2010 placed five-year eurobonds for $500 million with a coupon rate of 8.375% per annum, maturing on April 27, 2015. Then, in October of the same year, the bank placed the securities worth $250 million.

Ukraine has until June to reach a general agreement on debt restructuring with the holders of its eurobonds, including those issued by Kyiv and a number of state-owned banks and companies, which is a condition for receiving the next tranche from the International Monetary Fund. However, full-fledged negotiations between Ukraine and its creditors have not started yet.