The total state debt of Ukraine in January 2020, due to the weakening of the hryvnia exchange rate by 5.2%, in U.S. dollar terms decreased by 1.1%, or by $940 million, to $83.43 billion, the Finance Ministry has said.
According to its data, at the same time, this devaluation led to an increase in the national debt in hryvnias by 4%, or by UAH 80.72 billion, to UAH 2.079 trillion.
The Ministry of Finance noted that in January it held three auctions for the placement of government domestic loan bonds, at which it raised UAH 18.5 billion at the rates that by the end of the month fell below 10% per annum, and also placed eurobonds for EUR 1.25 billion at 4.375%.
State budget expenditures for the repayment of public debt in January 2020 amounted to UAH 31.6 billion, for servicing some UAH 4.4 billion.
In January, the share of obligations in dollars in the general structure of the state debt of Ukraine decreased from 38.9% to 38.5%, in hryvnias from 36.7% to 35.25%, while in euros it increased from 10.2% to 11.85%.
