Page 13 - UKRRptMay19

But meeting this year’s obligations is going to be tough. The debt numbers only just add up and that assumes there are no more shocks or surprises – a risky bet in Ukraine.
Currently most of Ukraine’s debt is held by its banks and the central bank and over half is denominated in foreign exchange: $22.5bn is outstanding Eurobonds (33% of the total). Another $15.1bn is debt to international financial institutions (IFIs), which is 23% of the total, domestic UAH debt is $22.4bn (33%), domestic FX debt is $5bn (8%), and another $2.1bn (3%) is external debt.
With $16.1bn to pay this year (and $613mn and €70mn is already due in April) Ukraine is expecting a total of $3.8bn from the new International Monetary Fund (IMF) deal signed in December, perhaps another $2bn from other international donors including the World Bank and the European Union (EU). And assume $2bn of issues on the domestic market. Add all that up and it comes to $7.8bn -- well short of the $16.1bn needed so a lot will depend on the Ministry of Finance borrowing programme.
13 UKRAINE Country Report May 2019 www.intellinews.com