Ukraine on track for bond as banking law signed, IMF to offer $5bn

By Mariam Meskin
22 May 2020

Ukrainian and IMF officials have come to a preliminary agreement to provide the country with $5bn of aid after president Volodymyr Zelensky signed much-anticipated banking legislation into law. Market watchers have now urged the country to come to the bond market before the situation has a chance to sour.

The agreement would provide Ukraine with an 18 month $5bn stand-by arrangement, the IMF said late on Thursday evening. The loan is still subject to approval by the IMF’s executive board but there are hopes that the the first disbursement will be made in early June.

"It is very credible that ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.