With a big budget funding gap looming, Ukraine may tap the international Eurobond market for up $1 billion in short term financing

With a big budget funding gap looming, Ukraine may tap the international Eurobond market for up $1 billion in short term financing, Prime Minister Shmygal told the Korrespondent news site. He asserts the IMF will announce the date of its review mission in coming days. This would indicate that the $5 billion Stand By Agreement signed six months ago is back on track. Shmygal also said the government could sell $2 billion worth of Hryvnia bonds in coming weeks. On Tuesday, the government sold $93 million worth of Hryvnia bonds.