Proceeds from Russian assets could fund bond sales, Ukraine's central bank says
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Ukraine and its international partners have discussed bundling future proceeds from frozen Russian assets to back bond sales by the war-ravaged nation. Ukrainian central bank chief Andriy Pyshnyi said that various options were discussed, including using assets in bond issuance. The talks also focused on collateralizing Russian assets instead of seizing them outright. Ukraine is seeking financial aid from its partners and is hopeful for an additional US aid package. The country's $15.6 billion IMF loan program is also being reviewed, with a mission from the global lender set to start working on the fourth review in late May. Ukraine plans to unshackle the hryvnia and allow foreign firms to repatriate dividends and interest payments on debt commitments. The country aims to attract new money, loans, and investments while addressing legacy liabilities.
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