Clearstream international settlement depository plans to open foreign investors access to Ukraine's government domestic loan bonds in the first quarter of 2019.

"The first quarter of next year is another "window" of opportunities, and we are working to take advantage of it," Clearstream Vice President Jan Willems said at the annual Ukrainian Financial Forum in Odesa, organized by ICU investment group.

According to him, in addition to technical issues, the terms of the project depend on the situation in the foreign market.

"If the situation in emerging markets is out of control, it will affect Ukraine," the expert said.

Nevertheless, he added that definitely in 2019 the "link" (mutual depository accounts between the depository of the National Bank of Ukraine and Clearstream) will be opened, taking into account the active interest of foreign investors in Ukrainian state securities.

As reported, Clearstream and the depository of the NBU since early 2017 are negotiating the establishment of the so called "link" between the structures - the account of the global depository in the depository of the central bank.

The corresponding initiative will simplify the access of foreign investors to Ukrainian government bonds: foreign investors will not need to go to Ukraine and open an account in the bank if they have an account in the global Clearstream depository. They will be able to buy Ukrainian securities directly.