Postponing payments on Eurobonds will save Ukraine $5B.
Friday, July 22, 2022

Postponing payments on Eurobonds will save Ukraine $5B.

By deferring debt service payments on Eurobonds and warrants over the next two years, Ukraine will save $5B. This money will be directed to urgent needs: social protection and financial support for military personnel, said the Ukraine Minister of Finance, Serhii Marchenko. He thanked the G7 member countries and members of the Paris Club of creditors, who agreed to postpone interest payments on the main debt for two years. “We hope that commercial investors will also accept the conditions that we have offered them. After all, we have 13 issues of securities, and for each of them, we have offered investors a postponement of the interest payment period and repayment of the loan,” added Marchenko.

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