You're reading: Ukraine preparing Hr 20 billion eurobonds for development of mortgages

Ukraine is preparing a Hr 20 billion bond issue for the development of mortgages, Prime Minister Denys Shmyhal has said.

“After the completion of the merger [of the State Mortgage Institution and PJSC UkrFinZhytlo], we are preparing a bond issue worth about Hr 20 billion so that mortgage programs are available to as many Ukrainians as possible,” he said, opening a government meeting on Sept. 8.