Ukraine could place new U.S. secured $1 bln eurobonds by late Sept – source

12:15, 16.09.2016 1 min read

Ukraine could place new U.S. secured $1 billion eurobonds by the end of this month, a source in the government has told Interfax-Ukraine.

As reported, the guarantee agreement between Ukraine and the United States is part of multilateral economic support of Ukraine, including the four-year Extended Fund Facility (EFF) program funded by the International Monetary Fund (IMF). This is a third similar agreement signed in the past two years.

After signing two previous agreements in 2014 and 2015 Ukraine raised $2 billion on foreign markets at low rates and sent the money to carry out reforms.