Economy minister: Ukraine gets EUR 1.25 bln from latest eurobond issue

The bonds were acquired by 200 investment funds from 31 countries.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

Ukrainian Finance Minister Oksana Markarova says the State Treasury Service has already received funds from the latest issue of ten-year eurobonds worth EUR 1.25 billion.

"The funds from the new issue of euro-denominated bonds are already in accounts of the State Treasury [Service] of Ukraine," she wrote on Facebook on January 27.

Read alsoPM Honcharuk: Ukraine to save over UAH 2 mln daily due to latest eurobond issue

According to Markarova, 200 investment funds from 31 countries have acquired the Ukrainian ten-year eurobonds.

In particular, among the buyers are funds that manage assets (account for 85%), hedge funds (7%), pension and insurance funds (6%), and banks (2%).

At the same time, the share of investors from the United Kingdom is 42%, those from the U.S. account for 34%, from the European Union member states for 19%, and from Asian countries and the Middle East for 5%.

Markarova says the investment base during the eurobonds placement has expanded significantly, as among buyers there are both global investment funds with an excellent reputation, and small pension and insurance funds, mainly from the EU countries.

As UNIAN reported earlier, Ukraine placed ten-year eurobonds worth EUR 1.25 billion with a record low yield rate set at 4.375% per annum. The payment was scheduled for January 27, 2020. The funds to be received will be channeled into the national budget.

Earlier, eurobonds worth EUR 1 billion were issued in June 2019 with a seven-year maturity period and a yield of 6.75% per annum. The issue took place after a 15-year break.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!