KIEV, May 22 – S&P Global Ratings has affirmed its 'B-' long-term issuer credit rating on the Ukrainian capital city of Kiev.

The outlook is stable, it said.

"The stable outlook reflects our expectations that Kiev's strong budgetary performance and ample cash buffers will enable it to withstand uncertainties coming from Ukraine's very volatile institutional framework and also to provide financial support to its government-related entities if needed," S&P said.