Ukraine floated Eurobonds for USD 1 bln at the lowest rate ever

Source : 112 Ukraine

This is the result of positive cooperation between President the government, – Danyliuk
11:59, 23 September 2016

Ukraine floated Eurobonds, issued on security of the USA, with the lowest rate ever – 1.471%. Finance Minister Oleksandr Danyliuk wrote that on his Facebook page.

“We floated a US guarantee Eurobonds for 1 bln dollars with the lowest rate in the history of Ukraine. This is another indicator that we are moving in the right direction. This is another victory for us and the result of the positive cooperation between the President and the government,” – writes Danyliuk.

Related: UNGA: Poroshenko and Lagarde held negotiations

Deputy Finance Minister Yuriy Butsa noted in his Facebook page that the demand several-fold exceeded the supply while floating the bonds. “What’s the most important is that these funds are aimed for social support of those who need it the most,” – writes Butsa.

As we reported earlier, the Cabinet of Ministers took the decision to issue government domestic loan bonds on security of the USA amounting to 1 billion dollars at the rate of 2.5% for 5 years. The US government announced its readiness to give Ukraine $ 1 bln loan guarantees. The US Vice President Joseph Biden announced this during his meeting with Ukraine’s President Petro Poroshenko the day before on the sidelines of the UN General Assembely.

Related: Cabinet assigns USD 5 billion on defense expenditures

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