Kiev said about taking $ 1 billion from the issuance of bonds under credit guarantee of the U.S.

Funds in the amount of $ 1 billion raised from the issuance of bonds under credit guarantee of the U.S., arrived in the accounts of the government of Ukraine, told the Ukrainian Ministry of Finance.
The interest rate on the Eurobonds is 1, 847% per annum. Payment % will be carried out twice a year - may 29 and November 29. The estimated period of redemption of bonds - on may 29, 2020, RIA " Novosti ". It is noted that the Funds have been attracted because of the signature may 18 of the Treaty of guarantee loans between governments of Ukraine and the USA.
the Ministry of Finance emphasizes that like the previous agreement for the provision of credit guarantees of the United States, the current rules of the Treaty of guarantee of borrowing " will strengthen the desire of Ukraine to fulfill the rules of the IMF program and to take other steps necessary to strengthen the rule of law, social protection, further promote major structural reforms and the resumption of economic improvement of Ukraine ". On 27 may from the resolution of the Cabinet of Ministers of Ukraine was announced that Kiev will release under the guarantees of the U.S. Eurobonds for $ 1 billion under 2, 5% per annum. Yesterday, a source said Kiev wants in the near future to place a five-year Eurobonds for $ 1 billion under the guarantee of the United States, managers of securities began organizing JP Morgan, Morgan Stanley and City. May 18, Kiev agreed with the United States on the allocation of Ukraine loan guarantees for $ 1 billion. In addition, Washington has promised to Kiev for another $ 1 billion loan guarantee in case of successful reform. At the end of April, the Minister of Finance of Ukraine Natalie Jaresko said that North America will provide the country an additional $ 2 billion for loan guarantees for half of that Kiev will receive after may holidays. Before that, in the process of the teleconference by Vice President Joe Biden said about the possibility of providing Ukraine with $ 2 billion if the reforms in the country will continue. Remember also, in April 2014, the US administration signed with Ukraine an agreement on providing credit guarantees in the amount of $ 1 billion. Credit guarantee is a form of insurance against losses arising from debts, which, most likely, will not be returned. When providing such guarantees the lender takes on its own shoulders the risk of nonpayment of debt. On 31 March, the Council of the European Union blessed the allocation of Ukraine of a new package of macro-financial assistance in the amount of 1, 8 billion euros. On the same day it was announced that Poland has committed us $ 100 million long-term loan for the construction of roads. In Kiev told also that the world Bank wishes to provide for the construction of roads Poltava - Kharkov 800 million dollars.


sections: Politics