Russia is one of the largest holders of debt securities of Ukraine, for this reason, any agreement on debt relief Ukraine will require assistance from Russia, writes the print Edition.
by results of examination of the IMF, the financial shortage of Ukraine is $40 billion, for this reason, cooperation between Ukraine and its main creditors will play a crucial role in the economic recovery of the country.
first Minister of Finance of Ukraine Natalie Jaresko in the process with foreign creditors said that the government is preparing for a restructuring of public debt.
However, analysts disagree, what will be the impacts and costs of debt investors after the restructuring.
as Ukrainian government bonds today are estimated at half its nominal value, it is assumed that the number of investors will suffer financial loss in comparison with their initial investment.
the journal emphasizes that risk factors assessment of Ukrainian government bonds reached 40-50%, and the reduction of interest payments will reach 4%.
yesterday the national Bank of Ukraine said that the national debt has reached 1, 1 trillion UAH (about $41, 6 billion, representing 71, 5% of GDP.
to invest in Eurobonds of Ukraine up to $15 billion Russia adopted in 2013. Was soon bought by the 1st tranche of $3 billion with a maturity of two years (the coupon rate of 5% per annum with the coupon once in six months). The remaining $12 billion were not allocated. Russia has motivated the refusal illegal change of power in Ukraine.
sections: Politics |
Russian News
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