Ukraine bought back 10% of 2022 Eurobonds and brought the redemption of GDP warrants to 20%
Ukraine’s Finance Ministry recently conducted a buyback of about 10% of Eurobonds maturing in September 2022, bringing their outstanding volume down to $912M, the ministry said in a statement Friday. In addition, Ukraine conducted several repurchases of GDP warrants. As of February 4th, the Ministry of Finance owns about 20% of the total nominal number of securities, reported Interfax. The Ministry of Finance does not intend to resell the GDP-linked securities at this time. After the Eurobonds were repurchased, they were canceled.