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Ukraine may be ready to tap capital markets in 2017, IMF says
Journal Staff Report

KIEV, April 4 – Ukraine will probably return to borrowing on international capital markets in 2017, three years after defaulting on debt, the International Monetary Fund said in a report.

Ukraine may try to issue 5-year Eurobonds that will yield 5% annual rate, according to an estimate projection from the IMF.

“Ukraine's time to re-access markets after its 1998 debt restructuring was also about three years,” the IMF said. “It is then expected that in 2017 Ukraine would be able to re-access international capital markets supported by the improved debt profile.”




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