The National Bank of Ukraine (NBU) expects the government to place eurobonds for a total of $2 billion in 2018, according to the July inflation report posted on the central bank’s website.
“Taking into account the government’s placing government domestic loan bonds worth $2 billion, the inflow of capital on the financial account in 2018 will increase to $7.1 billion,” the document says.
In 2019 the NBU expects a reduction in capital inflows on the financial account to $4.1 billion due to peak payments on public sector debt.
As reported, the Ministry of Finance intends this year to enter the external debt market. It is planned to place the securities after getting the next credit tranche from the International Monetary Fund (IMF).
The amount of borrowing will presumably stand at $500 million. There is still no final decision on this issue.
