Ukraine's National Bank expects $2 bln from eurobonds placement in 2019

Ukraine also hopes for the second part of the European Union's macro-financial assistance this year.

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Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub says the regulator expects to raise US$2 billion in 2019 from the placement of eurobonds by Ukraine's Finance Ministry.

Read alsoUkraine places two issues of eurobonds worth about US$2 bln

"According to our forecasts, this year the Finance Ministry will place eurobonds worth $2 billion," he told journalists on January 31.

Sologub also says that the second tranche of the European Union's macro-financial assistance is expected this year along with the remaining sum of the World Bank's financial guarantee available to the Ukrainian government.

As UNIAN reported earlier, in December 2018, the World Bank decided to provide a $750 million financial guarantee to Ukraine. Against this guarantee, Ukraine was able to raise EUR 349.3 million, which was channeled into the national budget in December 2018.

In late October 2018, Ukraine issued two series of eurobonds totaling $2 billion. The yield of five-year bonds worth $750 million was 8.994% per annum, while that of ten-year bonds worth $1.250 billion was 9.750% per annum.

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