Fitch assigns city of Kyiv’s upcoming domestic bond issue ‘B(EXP)’ rating

Fitch Ratings has assigned the City of Kyiv’s upcoming domestic bond issue an expected Long-Term Rating of ‘B(EXP)’, Fitch said on its website. “Kyiv’s bond issue rating is equalised with the city’s Long-Term Issuer Default Rating since the bond will be a senior, unsecured obligation and rank pari passu with the city’s other senior unsecured … Read more

Bolt Food delivery service launches in Ukraine

On October 29, 2020, Bolt has launched the Bolt Food delivery service in Kyiv, as reports Taras Potichny, Bolt Country Manager in Ukraine, on his Facebook Page. According to the company, Bolt Food already has over 150 partner restaurants. Bolt Food has free delivery at the time of launch. However, the press service of the … Read more

Ukraine and China agreed on a space cooperation program for more than $70 million

Ukraine and China have signed a five-year program of space cooperation. The press service of the State Space Agency of Ukraine reports. “The meeting resulted in signing a program of Ukrainian-Chinese space cooperation for 2021-2025, which comprises 69 joint projects for more than $70 million,” the statement said. On October 2, a meeting of the … Read more

Six Ukrainian highways become private

Ukraine plans to launch the first pilot projects of public-private partnerships in the highway sector, conceding six roads. Ekonomichna Pravda reports. The first they offer to implement by the DPP: The private investor will undertake to upgrade and develop the existing road, and the Road Fund will allocate funds to support the investor, provided that … Read more

First container train from China arrives in Ukraine by new route – Ukrzaliznytsia

The first container train on the China-Kazakhstan-Russia-Belarus-Ukraine new route, which delivered 41 containers with refrigeration equipment, has arrived in Ukraine. The press service of Ukrzaliznytsia said on Thursday morning that the train had been on the way for 19 days. Work is underway on the frequency of the train running once a week. “If there … Read more

NBU keeps key policy rate at 6%

The Board of the National Bank of Ukraine (NBU) has decided to leave its key policy rate unchanged at 6%, according to a posting on the website of the central bank on Thursday. “The Board of the National Bank of Ukraine has decided to keep its key policy rate at 6% per annum. The sustained … Read more

Naftogaz postpones eurobond placement

Naftogaz Ukrainy in the evening on October 20 postponed the placement of dollar-denominated eurobonds indefinitely, a source in the market has told Interfax-Ukraine. According to him, a corresponding report from the company has been sent to investors. Earlier on October 20 it was reported that the benchmark for the yield of U.S. dollar eurobonds was … Read more

Tigipko plans to withdraw PIB from market, transfer working assets to TAScombank

Ukrainian businessman Sergiy Tigipko, who through his company Luregio Limited submitted documents to the National Bank of Ukraine (NBU) to approve the purchase of Prominvestbank (PIB), plans to withdraw PIB from the market and transfer working assets to TAScombank (both based in Kyiv). “We turned to the NBU to buy another bank – PIB … … Read more