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Economy 2019-01-15T05:26:24+02:00
Ukrainian news
NBU Not Expecting To Receive USD 1 Billion From Placement Of U.S. Government-Guaranteed Notes In 2017

NBU Not Expecting To Receive USD 1 Billion From Placement Of U.S. Government-Guaranteed Notes In 2017

The National Bank of Ukraine (NBU) no longer expects to receive USD 1 billion from the placement of Notes guaranteed by the Government of the United States in 2017.

Ukrainian News Agency learned this from the NBU quarterly inflation report published in January.

The USD 1 billion from the U.S. Government-guaranteed placement disappeared from the published schedule of official financing for Ukraine for this year (the previous NBU report contained information about USD 1 billion).

Meanwhile, Ukraine will receive USD 4.6 billion from the International Monetary Fund (IMF) in 2017 (previously USD 5.4 billion was expected in four tranches), USD 1.3 billion from the European Union and also USD 0.3 billion from other donors.

It is planned to receive some USD 3.9 billion from the IMF in 2018 (USD 2.9 billion in the previous report).

Moreover, the NBU predicts that the central government will place USD 2 billion in Notes next year.

As Ukrainian News Agency earlier reported, Ukraine floated the first issue of five-year USD 1 billion U.S. Government-guaranteed Notes in May 2017.

These Notes are due April 30, 2019.

Ukraine received the second tranche of government guarantees in May 2015; due May 29, 2020.

In September 2016, Ukraine placed a third issue of USD 1 billion U.S. Government-guaranteed Notes.

November 9, 2016, Republican candidate Donald Trump won the 58th United States presidential election.

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