Ukraine gets funds from placement of euro-denominated bonds worth EUR 1 bln

The bonds were mainly bought by asset management funds, as well as pension and insurance funds.

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Ukraine has received funds from the placement of EUR 1 billion in euro-denominated foreign loan bonds at 6.75% per annum, which are falling due on June 20, 2026.

The bonds were mainly bought by asset management funds, as well as pension and insurance funds (85%), the Ukrainian Finance Ministry's press service said.

Read alsoUkraine issues eurobonds after 15 years' break

The share of hedge funds was 10% of the investment, while the share of banks and individual investors was only 2%. Sovereign investment funds bought 3% of the bonds. Geographically, most of the bonds were bought by investors from the United Kingdom, the United States, Germany and the European Union countries: 32%, 27%, 17%, and 13%, respectively.

Investors from Switzerland bought 7% of the issue, those from Asia 4%. It is also reported that the eurobonds are listed on Euronext Dublin, and the funds from their placement were transferred to the accounts of the State Treasury Service of Ukraine and will be used to finance the national budget.

As UNIAN reported, having placed seven-year eurobonds, Ukraine raised EUR 1 billion in borrowings on the foreign market with a yield of 6.75% per annum. The bonds are maturing on June 20, 2026.

This placement marked Ukraine's return to borrowings through euro-denominated bonds after a 15-year break.

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