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                        THURSDAY, APRIL 25, 2024
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Finance minister outlines borrowing plans for 2017 on Bloomberg
Journal Staff Report

KIEV, Oct. 26 – Ukraine seeks to borrow $9 billion on the foreign market in 2017, Finance Minister Oleksandr Danyliuk said in an interview with Bloomberg.

He said that the Finance Ministry seeks to issue the fourth tranche of U.S. secured $1 billion eurobonds, raise $5.3 billion in cooperation with the International Monetary Fund and enter the international loan market.

Ukraine could issue eurobonds first in the past three years, he said. It is not urgent for the country to enter the international loan market and Ukraine plans to issue a small volume and investors can get used to the presence of Ukraine on the market and they could be ready for a more serious placement later, he said.




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