In 2018, Ukraine intends to place Eurobonds for 2 billion dollars, Minister of Finance of Ukraine Alexander Danyliuk said during his interview with Reuters, Finance.ua reports quoting Trust.
We are not in a hurry to enter the market, but we have a good story to tell investors, Danyliuk said.
He also added that Ukraine hopes to obtain the next tranche as part of IMF’s USD 17.5-billion aid program at the beginning of the next year, the amount of tranche may be about $2 bln.
The Minister noted that the loan funds, obtained as the result of placement of bonds, will be directed for repayment of other loans, and the IMF funds will be directed for increasing currency reserves of Ukraine.
In September, Ukraine placed Eurobonds for $3 bln with 15-year period of repayment.
Fitch notes that Ukraine’s return to the international borrowings market is the evidence of economic strengthening.
