Fixed Income

December 07, 2020

Quotes for Ukrainian sovereign and corporate Eurobonds increased across the board last week after the Finance Ministry unveiled a comfortable debt repayment schedule for the next three months. Sovereign USD-denominated debt redemption and servicing in December amount to only USD 350mn, while UAH-denominated repayments are estimated at UAH 27.2bn for the month. Meanwhile, for 2021, the country’s total external debt repayment and servicing is estimated at USD 5.2bn. Ukraine’s state and guaranteed debt currently amounts to USD 83.3bn in USD equivalent, with the domestic debt accounting for some 40% of the overall debt.