Investor Presentaiton
As of end-2021,
Ukraine's total state
and state-guaranteed
debt (US$ 97.9bn /
UAH 2,672bn) split
between:
58% of external
debt, 42% of
domestic debt
88% of state debt,
12% of state-
guaranteed debt
Prudent and proactive debt management strategy
State and state-guaranteed debt structure (end-2021)
(In US$ bn)
State debt
State and state-guaranteed debt by currency, US$ bn
Total (% of GDP)
State-guaranteed debt
79.1%
80.9% 71.8% 60.9% 50.2% 60.8% 51.1%
Domestic in FX
5%
Eurobonds
13%
65.5
71.0
76.3
78.3
84.4
90.3
97.9
IFIs
Domestic
4.3
25%
Domestic debt
5%
1.5 0.6
6%
6%
8%
9%
10%
14%
13%
in UAH
21.4
19%
18%
18%
17%
13%
40%
Bank
14%
15%
34.6
US$
86.6bn
Other
3.4 external
loans
US$
2.3
20%
39%
44%
45%
43%
44%
36%
34%
11.3bn
debt
4%
6.9
22.9
IFIs
61%
Eurobonds
26%
30%
30%
30%
37%
29%
35%
37%
2015
2016
2017
2018
2019
2020
2021
UAH USD XDR EUR CAD JPY
2.5
1.9
State debt amortization schedule (01.01.2022)1, US$ bn
State debt dynamics, US$ bn
Total debt service
86.6
79.9
80.1
19.2
12.6
11.6
8.9
8.0
6.4
67.1% 69.2%
74.4
61.5% 67.2
65.3
53.9%
60.7
52.3%
55.6
26.8
27.5
24.7
44.3%
35.0
35.4
51.4% 39.0
45.2%
36.7
21.2
3.6
11.3
5.8
1.8
3.9
44.5
4.4
4.8
1.6
1.4
2.7
34.4
36.0
38.5
39.7
39.3
43.4
47.7
2.3
2.2
10
3.5
2.4
Notes
1.9
1.4
1
Incl. outstanding debt
2022E
2023E
2024E
2025E
2026E
2027E
2015
2016 2017
2018
2019
2020
Q2 2021 2021
obligations only
2
Ministry of Economy GDP
Interest Domestic debt
â– Interest - External debt
-
Principal Domestic debt
Principal - External debt
State external debt
State domestic debt
as % of GDP2
estimate for 2021 as of
15.11.2021 in amount of UAH
5,225.5bn
February 2022
Source Ministry of Finance
20
20View entire presentation