«The situation that is emerging in the economy and finances of Ukraine, suggests that a number of parameters, is a condition of granting Ukraine Russian bond issue is broken,” – a spokesman said. Which items are agreements between countries are violated, he did not elaborate.
He said that “under these circumstances, it is likely that Russia will have in the near future demand from the Ukraine early redemption of debt of $ 3 billion.”
26 December on the theme debt of Ukraine on bonds expressed by the head of the Russian Ministry of Finance Anton Siluanov.
«Ukrainian government regularly pays [the bonds], they were on time and in full in accordance with the schedule of paid The second coupon income of $ 75.5 million, “- said the head of department.
The Minister stressed that Russia does not intend to demand from Ukraine early redemption of the bond issue.
At the end of 2013, Russia decided to invest in Eurobonds Ukraine to $ 15 billion. He was soon bought the first tranche of $ 3 billion with a maturity of two years with a coupon rate of 5% per annum coupon payments once every six months. The remaining $ 12 billion Russia Ukraine is not allocated.
In September 2014 the Finance Minister did not rule out that in the third quarter of covenants on Eurobonds Ukraine will be violated. “According to the calculations, taking into account the devaluation of the hryvnia, the level of 60% debt-to-runway passed” – quoted TASS Siluanova. The Minister noted that the onset of covenants not automatic. “This will be our political decision. The decision of the Russian Federation. We look after the covenants and to determine how to proceed, “- he said then.
No comments:
Post a Comment