Ukraine repays $59.6 mln on 2021 eurobonds

17:48, 23.02.2015 1 min read

Ukraine has repaid a $59.625 million coupon on eurobonds which mature in 2021, the Finance Ministry has said in a statement.

The agency noted that ten-year eurobonds worth $1.5 billion were placed in February 2011 at a rate of 7.95% per annum, with interest being paid every six months.

As reported, the Cabinet of Ministers increased its estimate on repaying public debt in the current year by 58.4%, to UAH 158.88 billion, in particular external - by 26.7%, to UAH 123.6 billion, based on the average annual hryvnia exchange rate of UAH 21.7 per $1.

In addition, draft amendments to the 2015 national budget increase the volume of servicing public debt by 24.1%, to UAH 92.67 billion.

At the same time, the official hryvnia exchange rate since February 23 had fallen to UAH 28.348/$1, on the interbank market – to UAH 31.5-32/$1.