Time of eurobond issue by Ukraine links to progress with IMF financing – Ukraine's finance minister
Investors are ready to buy Ukrainian eurobonds, although the optimal time for the country's entering this market with new borrowing would be the decision of the Inf Monetary Fund (IMF) to provide a new tranche under the Extended Fund Facility (EFF), Ukrainian Finance Minister Oleksandr Danyliuk has said.
"Investors, in general, have appetite now for our eurobonds. The question is when we are ready for this. I want that we move forward under the program [with the IMF]. This is will be the best time to return to the markets," he told Interfax-Ukraine on Thursday in Davos on the sidelines of the Ukrainian Breakfast organized by the Victor Pinchuk Foundation.
Danyliuk said that investors appreciate Ukrainian investment history, implying reforms and development of the country. However, "if we slow our movement with reforms, this is not accepted well," he said.