Ukraine has successfully paid off for new 12-year Eurobonds, the Ministry of Finance reports on July 30. “On July 30, Ukraine announced the successful settlement of new bonds of external government loans (Eurobonds) in the amount of USD 2,000,000,000, with an interest rate of 7.253% and maturing in 2033 (hereinafter – the“ Bonds ”), as well as the completion of exchange of USD-denominated Eurobonds with an interest rate of 7.75% maturing in 2021 and USD-denominated Eurobonds with an interest rate of 7.75% maturing in 2022. The bonds are listed on the Euronext Dublin exchange, ”the statement says.
In addition, Ukraine completed the exchange of dollar-denominated Eurobonds with an interest rate of 7.75% and maturity in 2021, as well as dollar-denominated Eurobonds with an interest rate of 7.75% and maturing in 2022. As a result of the exchange of Eurobonds, the total amount of these securities is more than $ 1.98 billion. See also: Who headed the National Bank: the most interesting about the new head of the NBU Kirill Shevchenko According to the Ministry of Finance, with this transaction Ukraine extended the average period to repayment of the national debt.
“We plan to continue the implementation of our Medium-Term Public Debt Management Strategy, a key element of which is a proactive approach to public debt management,” said Yury Buta, Government Commissioner for Public Debt Management. According to the Ministry of Finance, the greatest demand for securities was among investors from the United States, the United Kingdom and the European Union, who acquired part of the new issue and joined the exchange of Eurobonds. Their shares were 48%, 38% and 13%, respectively.
In total, over 200 investors have applied for $ 7 billion. On July 28, the Ministry of Finance of Ukraine announced that it had placed bonds of domestic government loan for over 10 billion 693 million hryvnia.