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Ukraine

Ukraine: IMF finally approves first review of SBA, agrees programme extension

  • Approval allows US$699mn disbursement, bringing total so far to US$2.8bn, 56% of the total available

  • IMF also approves six-month programme extension to June 2022, as expected

  • However, despite the good news, escalating tensions with Russia weigh on the bonds; retain Hold

Ukraine: IMF finally approves first review of SBA, agrees programme extension
Stuart Culverhouse
Stuart Culverhouse

Head of Sovereign & Fixed Income Research

Tellimer Research
23 November 2021
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