Ukraine hopes to raise new sovereign debt backed by a World Bank guarantee again this year

Ukraine hopes to raise new sovereign debt backed by a World Bank guarantee again this year though the size has not been decided, Finance Minister Oksana Markarova tells Reuters on Monday. Last month, Ukraine borrowed €529 million under World Bank guarantees. “We are working on the maximum possible amount, but it is too early to say specific figures,” Markarova said. Next month and in November, Ukraine also expects to receive two IMF loan tranches worth a combined $2.5 billion.