Ukraine plans to attract $2 billion in borrowings on foreign markets in 2018 and 2019
Ukraine plans to attract $4 billion in borrowings on foreign markets in 2018 and 2019, Finance Minister Oleksandr Danylyuk told reporters at the 14th annual Yalta European Strategy meeting.
“We plan, and this is in the IMF program, to raise $2 billion in 2018 and another $2 billion in 2019. This is our benchmark. Of course, the amounts could ultimately differ,” the minister said.
Next week Ukraine is scheduled to issue the first eurobonds in 3 years. The proceeds are expected to be used to buy back eurobonds maturing in 2019 and 2020, when the peak state debt repayments are expected. The …read more