“In aggregate, Ukraine received and accepted consents for approximately 75% of the total nominal value of securities in circulation,” Bloomberg reports, citing the Ukrainian Ministry of Finance.
According to the agency, in total, the country's external public debt is $19.6 billion. The freeze will allow the Ukrainian authorities to save $5.8 billion, which must be paid to service the debt until 2024.
It is noted that the state budget deficit is about $ 5 billion a month.
In July, a group of Ukraine's creditors supported Kyiv's petition to defer public debt servicing from August 1 until the end of 2023.
The European Commission has previously created a new €8 billion financial assistance project for Ukraine, which combines grants and loans.