Ukrainian government to enter domestic loan market in 2016 – Finance Ministry

18:24, 06.11.2015 1 min read

The Ukrainian government plans to enter the domestic loan market in 2016, Deputy Finance Minister Artem Shevalev told Interfax-Ukraine on the sidelines of the fourth investment conference in Central and Eastern Europe organized by the CFA Institute in Kyiv.

"Next year we will try to enter the domestic debt market, we will look at the economic situation. We are going to work together with the National Bank of Ukraine and the National Commission on Securities and the Stock Market to create a truly transparent system of dealers, brokers, build a yield curve and create a truly working instrument of state internal loans," he said.

Regarding plans for foreign loans, he said that Ukraine is working within the framework of the IMF program, under which participation in external market borrowings in 2016 is not included.

As reported, the last auction on placing hryvnia-denominated and forex government domestic loan bonds was held in mid-July 2015.