• Українською
  • Since the beginning of 2024, state and state-guaranteed debt of Ukraine has become cheaper by more than 10%
    Ministry of Finance of Ukraine, posted 12 August 2024 16:10

    As of 30 June 2024, Ukraine's state and state-guaranteed debt totalled UAH 6,168 billion, or USD 152.2 billion. This includes state and state-guaranteed external debt - UAH 4456.4 billion (72.3% of the total amount of state and state-guaranteed debt), or USD 109.9 billion. The state and state-guaranteed domestic debt amounted to UAH 1,711.6 billion (27.7%) or USD 42.2 billion.

    Overall, in Q2 2024, the total amount of Ukraine's state and state-guaranteed debt increased by UAH 243.7 billion in the hryvnia equivalent and by USD 1.1 billion in the dollar equivalent. The increase was mainly due to an increase in long-term concessional financing from international partners.

    In particular, since the beginning of 2024, as of 30 June, the weighted average cost of Ukraine's state and state-guaranteed debt has decreased by 10.3%, from 6.24% to 5.6%.

    In terms of creditors, the lion's share of the state and guaranteed debt is made up of concessional loans received from international financial institutions (IFIs) and foreign governments (54%), domestic securities issued (27%), foreign securities issued (16%), and loans received from commercial banks and other financial institutions (3%).

    In terms of the currency structure of the state and guaranteed debt, the share of euros was 35%, US dollars - 26%, and hryvnias - 26%. USD - 26%, UAH - 25%, SDR - 10%, and in other currencies, in particular, in pounds sterling, Canadian dollars and Japanese yen - 4%.