FAQ

Follow Cbonds

Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training is sent. Cbonds managers will be in touch with you shortly. Thank you!

ICU Research: Ukraine is to place US$2bn in Eurobonds in 2018

April 25, 2018 | Cbonds

The Ministry of Finance may enter the Eurobond market prior to reaching a deal with the IMF.

According to Finance Minister Oleksandr Danyliuk, the majority of Eurobonds will be placed after reaching an agreement with the IMF, but the Ministry of Finance closely monitors the market conditions, and may test it by placing a smaller part of the issue "a bit earlier."

The Finance Minister is optimistic about the anti-corruption court law but cannot predict how long it will take to adopt it. The next step should be the completion of negotiations with the IMF regarding the price of gas for the population. Danyliuk hopes that Ukraine will be able to meet the requirements of the IMF by early summer, which will allow unlocking the next tranche of IMF in the amount of US$1.9bn. Meanwhile, the NBU expects that Ukraine will place US$2.5bn in Eurobonds in 2018, and US$1.5bn in 2019.

ICU view: The market expected Ukraine to enter the Eurobond market in 2018, but the government's intention to place part of the issue before reaching a deal with the IMF on the next tranche was unexpected. We believe further cooperation with the IMF is a key issue for Ukraine, as the government has to pay a total of US$13.2bn in 2018-2019.


Company: ICU

Full company nameICU
Country of riskUkraine
IndustryFinancial institutions

Share:

Similar news:
minimizeexpand
200 000
issues: local and international bonds
170
countries
+7 812 336 97 21
pro@cbonds.info
200 000
issues: local and international bonds
170
countries
Сbonds is a global Fixed income data platform
+7 812 336 97 21
pro@cbonds.info
Data
  • Descriptive data on bonds
  • Bond Quotes from trading systems and market participants
  • Prospectuses and other issue documents
  • Credit ratings
  • Indices and indicators
  • Market news and analytical research
Analytical instruments
  • Multi-parameter bond database search
  • Bond Maps
  • Market calendar
  • Bond calculator
  • Watchlist and Portfolio management
  • Chart analysis
  • Mobile App and Excel Add-in Tool
Enter or RegisterSubscription/Trial access
minimizeexpand
Cbonds is a global fixed income data a platform
×