Ukraine completed the placement of Eurobonds

Украина завершила размещение еврооблигаций

Completed the placement of Eurobonds

Nearly half a billion dollars credited to the account of Haskanalu

The proceeds from the placement of Eurobonds for $3 billion to $1.32 billion credited to the account of the State Treasury of Ukraine. On Tuesday, September 26, reported the press service of the Ministry of Finance, reports Interfax-Ukraine.

“At the same time had completed the operation on repurchase of bonds of external state loans of Ukraine, maturing in 2019 and 2020 for a total amount of 1.68 billion dollars”, – reported in the Ministry.

The Finance Ministry said that the transaction was conducted with the purpose of reducing the peak load on the state budget for repayment of the state debt in 2019-2020.

Funds from the new issue, transferred to the state Treasury account, will be used for financing the General Fund of the state budget.

Recall, Ukraine placed Eurobonds for three billion dollars under 7,375% per annum with 15 years maturity.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *