Where is Ukraine’s revenue coming from this year? The primary sources of funding for Ukraine’s 2023 state budget are Ukraine’s international partners, former members of the National Bank Council Bohdan Danylyshyn said, based on data from the Mi... #BohdanDanylyshyn #financialaidforUkraine #UkraineBond #UkraineBudget
Military bonds in September brought the budget ₴23B. According to the Ministry of Finance, about ₴185B in military bonds were issued in the nine full months of the year. As of the end of September, Ukrainian citizens owned military bonds worth about ₴25... #BondSalesUkraine #financeUkraine #UkraineBond #UkraineBudget #Ukrainemilitarybonds
Ukraine has started consultations to restructure the $20B state debt. As Reuters writes, preliminary consultations with foreign bondholders regarding the restructuring of payments began ahead of schedule and have been going on for several weeks. Talks with bondholders w... #DebtRestructuring #GavinGray #imf #UkraineBond #ukrainedebt
This year, the sale of state debt securities replenished the budget with ₴400B. In the nine full months of the year, the Ukrainian government raised almost ₴400B ($11B) in equivalent from the placement of OVDP bonds at auctions. In total, more than ₴650B has been raised during ma... #financeUkraine #MilitaryBond #nbu #UkraineBond #UkraineBudget
Naftogaz completes its restructuring of defaulted bonds. The company officially offered bondholders a possibility to restructure their bonds maturing in July 2022 and November 2026, on which the company defaulted last year. The issuer of the securities, Kon... #NaftogazBonds #NaftogazEuroBonds #UkraineBond
Since the war began, the Ukrainian government has sold military bonds for almost UAH 500B. According to the NBU the total amounts attracted are UAH 318.62B, $3.57B, and €1.482B. The state also allocated UAH 318.126B, $4.125B, and €1.049B to repay the debt. It is noted that in May the Minist... #BondSalesUkraine #GovernmentBondsPayment #MilitaryBondDemand #UkraineBond
Investors’ demand for Ukrainian bonds has increased. The Ministry of Finance placed state bonds worth UAH 16.3B. There was demand for government bonds denominated in both hryvnias and US dollars. The Ministry of Finance placed one-year hryvnia bonds at ... #Bondssale #OVDPselling #UkraineBond
The IMF’s demand: Ukraine will develop its domestic securities market to avoid “printing” of the hryvnia. The goal of a working group is to develop the domestic debt market with the participation of representatives from the National Bank and the Ministry of Finance. The group was created to implement a me... #IMFandUkraine #SecuritiesMarket #UkraineBond
In Ukraine, the number of investors has increased by almost 500%. The total number of investors registered in Ukraine in 2022 increased 5.5 times, from 22,790 to 126,790, according to data from the Settlement Center, which services contracts in financial markets. It... #InvestmentsinUkraine #UkraineBond
The NBU wants to stop the “printing” of the hryvnia and encourages banks to invest in government bonds. The National Bank of Ukraine has allowed banks to cover up to 50% of their required reserves through domestic state loan bonds (OVDP). The NBU believes that this step will contribute to more active ba... #nbu #UkraineBond
Bonds from Ukrainian cities will be sold in Poland. The National Depository of Ukraine signed an agreement on cooperation with the Central Depository of Poland (KDPW) to establish correspondent relations for “delivery of securities without paymen... #BondSalesUkraine #PolandDepository #UkraineBond
The IMF will allow the National Bank of Ukraine to print UAH 50B if needed. In case of a shortage of external financing at the beginning of 2023, the NBU can buy up to UAH 50B of domestic state loan bonds, according to the IMF’s materials on its monitoring program with ... #nbu #UkraineBond #UkraineBudgetDeficit
The Ministry of Finance elevated rates and raised UAH 21B from military bonds. As the ministry reported, UAH 3.25B was raised from the placement of 6-month military bonds at 14%. UAH 255M was received from the placement of 1-year bonds, with the rate increased from 14% to 16% pe... #nbu #UkraineBond #Ukrainemilitarybonds
Military bonds with a record rate brought UAH 17B to the budget. The Ministry of Finance attracted UAH 17.22B to the state budget at auctions for the sale of military bonds of the domestic state loan (OVDP). Almost the entire amount came from selling securities den... #militarybonds #OVDPselling #UkraineBond
The Ministry of Finance has attracted almost UAH 3.5B from the placement of military bonds. The government has managed to increase the funds raised from the placement of securities to UAH 3.45B following an increase in their interest rates. The placements of military bonds were as follows: U... #BondsInterest #UkraineBond #Ukrainemilitarybonds
Ukraine will ask for a two-year postponement of Eurobond payments. The Cabinet of Ministers instructed the Ministry of Finance to start negotiations with the holders of Ukraine’s Eurobonds regarding delayed payments. Ukraine will ask bondholders to extend the term of... #nbu #UkraineBond #ukrainedebt #UkraineDebtPayment
The Ministry of Finance has placed UAH 3.87 B worth of bonds. On January 11, 2022, the Ministry of Finance raised a sum of UAH 3.87 B ($ 141 M) of the state budget at an auction for the placement of domestic government bonds. According to NBU, the Ministry of Fi... #BondMarketUkraine #Bonds #UkraineBond
The Ministry of Finance sold government bonds valued at ₴11.7 bln. The Ministry of Finance raised the equivalent of $446.6 mln for the budget when it auctioned domestic government bonds (IGLBs). Investors were offered seven issues of securities in national currency a... #GovernmentBonds #UkraineBond #UkraineBondMarket
The Finance Ministry auctioned the equivalent of $116 million in hryvnia and dollar bonds yesterday, less the half the amount sold in the previous week, the Ministry reports on Facebook. The offering of a 1-year dollar bond, at 3.7%, accounted for 56% of all sales, or $65 million. Similarly, the sale of a 1-year hryvnia bond, at 11.15%, accounted for ... #BondMarketUkraine #DollarBonds #UkraineBond
Surging purchases of Ukrainian government bonds by international investors, high prices of Ukraine’s export commodities, and central bank dollar purchases contributed to Ukraine’s foreign reserves rising by almost 2% in June, to $28.4 billion. International investor share of ... #UkraineBond #UkraineBondssale #UkraineExportCommodities
The Finance Ministry raised $513 million – in dollars, euros and hryvnia – in its weekly government bond auction yesterday. The Ministry reported on Facebook that hryvnia bonds, annual yields were virtually unchanged: 3-month at 8.5%; 1-year at 11.2%; 18-month at 11.3%; and 2-year at 12.05%. Investors bought $63 million wo... #UkraineBond #UkraineBondssale
ICU wrote yesterday, referring to the government hryvnia bond market: “There has been very important improvement in market sentiment after the risk of escalating hostilities in the east of Ukraine declined, with immediate increase in Eurobonds’ and VRIs’ pri... #Bondmarket #Eurobond #ICU #UkraineBond
Sales of hryvnia bonds at yesterday’s government auction shriveled to the equivalent of $56.7 million – more than last week’s amount but 14% of the week before . War clouds with Russia and tomorrow’s expected interest rate hike by the Central Bank may have pushed buyers to hold off. #UkraineBond #UkraineBondssale
