KYIV, June 13 – The selection of the euro by the Finance Ministry of Ukraine as the currency for the new issue of seven-year eurobonds will help to even out the balance of payment and currency risks on state debt and take advantage of the situation with lower rates on the euro-pegged assets markets for achieving competitive pricing.
The Finance Ministry said if the share of the euro of the current account of the balance of payments in 2018 was 22.8%, then in the opposite direction it was 40.1%, according to investment bank sources.
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