Ukraine is likely to issue a new Eurobond in October, after a functioning government was finally installed in August.
The sovereign is understood to be considering an $800 million to $900 million deal, which should also open the way for the country’s corporates to return to market. Many Ukrainian companies have been forced to embark on modernization programmes as a result of higher energy prices, and are expected to fund this using the debt markets.
More stable politics
President Viktor Yushchenko finally agreed to nominate his rival, and former president, Viktor Yanukovich, as prime minister after several months of political limbo following parliamentary elections in March.
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