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Alfa-Bank Ukraine Research: Ukrainian government has accumulated USD 1.5 bln, enough to redeem Eurobond in May

April 20, 2020 | Cbonds

The balance of the central government’s foreign currency account amounted to USD 1.5 bln, the State Treasury Service reported. This is already enough to do all repayments and interest payments on Ukraine’s FX public debt till the end of May, including the USD 1 bln Eurobond due on 29 May. This leaves some time to continue preparations for a new IMF program. We see that the parliament will have to convene at least 3 more times to accomplish that.

Company: Ukraine

Full company nameUkraine
Country of riskUkraine

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