January 22, 2020 | Cbonds
|Ukraine’s Finance Ministry is close to offering a new international bond denominated in euro, Interfax-Ukraine reported on Jan. 22 citing its sources. The bond will be offered in the upcoming days, the source said.|
Ukraine’s state budget for 2020 foresees about USD 5 bln in external borrowings this year to finance the budget deficit and foreign debt repayments. Last year, Ukrainian government issued only one Eurobond: 7-year notes for EUR 1 bln at the rate of 6.75%.
Alexander Paraschiy: Ukrainian local and international bonds have been in high demand since late 2019, so we have no doubt the bond will be placed successfully. The new bond could have a maturity of about ten years and a rate of 4.2%-4.7%, we assume.
|Full company name||Ukraine|
|Country of risk||Ukraine|