Ukraine pays off part of Eurobonds worth over $1.3B

On September 1, 2021, the Ministry of Finance of Ukraine redeemed the third series of Eurobonds worth USD 1.3088 billion, issued during the restructuring in 2015, Ukrinform reports, referring to the ministry’s press service

"On September 1, 2021, the Ministry of Finance of Ukraine repaid the third series Eurobonds issued during the restructuring in 2015. The total redemption amounted to more than USD 1.3 billion, including USD 974.146 million to repay the principal amount of Eurobonds and USD 334.636 million in interest payments on Eurobonds maturing in 2021-2027,” reads the report.

By the end of the year, the balance of foreign currency payments on Ukraine’s public debt will be about USD 3.6 billion.

As reported, Eurobonds were issued at a total nominal amount of USD 1,409,282,000 in the years 2015-16 at a yield of 7.75%.

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