Ukraine's Ministry of Finance has announced that it lodged the necessary papers with the English Court of Appeal on Friday to launch its appeal against the Judgment of the English Court on March 29, 2017, in the litigation concerning the $3 billion eurobonds.

"The Ministry of Finance of Ukraine has today, on behalf of Ukraine, filed with the English Court of Appeal the necessary papers to launch its appeal against the Judgment of the English Court handed down by Mr Justice Blair on March 29, 2017 in the litigation concerning the $3 billion eurobonds (the so-called "Russian debt")," the ministry wrote on its website.

"Ukraine is confident of its arguments on appeal and of prevailing before the Court of Appeal in due course. The appeal hearing has provisionally been scheduled to take place in the second half of January 2018," it said.