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Today Ukraine made a scheduled $120 mln coupon payment of Eurobonds
12:42, 24 July 2015
Today Ukraine made a scheduled $120 mln coupon payment of Eurobonds

$120 mln payment was confirmed by Ministry of Finance of Ukraine

12:42, 24 July 2015

Фото из открытых источников

Deputy Minister of Finance of Ukraine Artem Shevaliov in his interview with TASS stated that today morning the payment was made by Ukraine. 

IMF expects Ukraine will reach an agreement with the creditors until meeting of the board of fund directors (July 31), where the decision on second $ 1.7 tranche should be confirmed.

July 24 was the deadline for Ukraine to pay coupon on Eurobonds. Payment of the debt had been in question until the last moment. Ukraine stated about intends to restructure the debt to private creditors. Lenders warned that any delay in payment will be treated as a default and endanger the recovery plans of Ukraine.
The total amount of the national debt is $ 70 billion. The ratio of government debt to GDP must not exceed the mark of 71% until 2020, and the debt financing of the budget - no more than 10% of GDP.

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