The Cabinet of Ministers of Ukraine in 2020 provided the State Agency of Automobile Roads of Ukraine (Ukravtodor) with state guarantees for UAH 23.5 billion.
According to the information on the state guarantees provided in January-December 2020, published on the website of the State Treasury Service, on April 28, 2020, Ukravtodor received a state guarantee for UAH 19.274 billion (with additional guarantee of interest income), on December 18 for UAH 1 billion and on December 22 for UAH 2.25 billion and UAH 1 billion (all three – with additional guarantee of all payment obligations).
According to the data on the total amount of state and state-guaranteed debt for 2020, Ukravtodor placed 12-month bonds for UAH 5.78 billion in April last year, for UAH 5.08 billion in June and for UAH 3.5 billion in November. In total, from the placement of this type of bonds, the state agency raised UAH 14.36 billion of funds.
In addition, in August, Ukravtodor placed three-year bonds worth UAH 2.87 billion, and in November five-year bonds for UAH 2 billion.
According to Ukravtodor, 12-month bonds were redeemed by Ukreximbank for UAH 5.782 billion at 10.5% for one year, for UAH 5.081 billion at 9.99% for two years and for UAH 2.872 billion at 9.99% for three years.
In December, the state agency raised UAH 4.25 billion from three state-owned banks: UAH 1 billion each from Ukrgasbank and Ukreximbank, as well as UAH 2.25 billion from Oschadbank.
The State Agency of Automobile Roads of Ukraine ensures the implementation of the state policy in the field of road facilities and road management.
GUARANTEES, THE CABINET OF MINISTERS, UKRAVTODOR
