KIEV . Nov 30 – A state-owned stake of 99.9945% of the Ukrainian Bank for Reconstruction and Development (UBRD) has been sold at the starting price of UAH 82.827 million, Ukraine 's State Property Fund said.

The fund received a bid only from one buyer and the shares can be sold at the price proposed to the buyer, but no lower than the starting price.

China 's Bohai Commodity Exchange (BOCE) has bought the UBRD, head of the SPF Ihor Bilous said at a press conference after the auction.