The state debt of Ukraine in October-November 2015 decreased by $ 5.52 billion.
In the hryvnia terms of public debt decreased by 2.3% or UAH 34.714 billion.
The total direct and guaranteed state debt of Ukraine in October-November 2015 decreased by $ 5.52 billion or 7.8%, to $ 65.15 billion, the Ministry of Finance reported.
In the hryvnia terms of public debt decreased by 2.3% or UAH 34.714 billion – $ 1 trillion to USD 521.38 billion. This is due to the devaluation of the official hryvnia exchange rate for the period from 21.5275 UAH/$1 to UAH 23.8847/$1.
Reducing debt is also connected with the restructuring of Eurobonds, the results of which 20% were exchanged for state derivatives at a total notional amount of $ 2.916 billion, the payment of which in 2021-2040 gg. It depends on the growth of Ukraine’s GDP. The Ministry of Finance did not include the obligation of the public debt, although they are currently listed on the market at the rate of 41.66% of the nominal value.
According to the Ministry of Finance, the total external debt in October and November 2015 without taking into account the state of derivatives fell by 7.7% or $ 3.57 billion – to $ 42.91 billion.
During 11 months of 2015 the total direct and guaranteed public debt in dollar terms decreased by $ 4.66 billion, while in UAH – grew by UAH 455.25 billion, or 41.4%. According to the Ministry of Finance, the main reason for the growth of debt in the national currency is its devaluation during the period at 36.53% – to 21.53 UAH / $ 1.
