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Ukraine could sell USD 2.5 bln in Eurobonds by yearend

Ukraine could sell USD 2.5 bln in Eurobonds by yearend

19 September 2011

Ukraine plans to sell up to an additional USD 2.5 bln in Eurobonds by yearend, Bloomberg reported on Friday, citing draft amendments to the 2011 state budget. Ukraine has raised USD 2.75 bln in Eurobonds so far this year (vs. planned USD 4.5 bln in the 2011 budget). According to the 2012 draft budget passed by the Cabinet of Ministers last week, Ukraine plans to issue UAH 28.4 bln (USD 3.5 bln) in Eurobonds next year.

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