“Ukraine would like to thank investors for [their] high level of interest in its roadshow and productive investor meetings. The Ministry of Finance has decided not to proceed with a new transaction at this time, given other immediate sources of financing and its liquidity position. Ukraine will consider international capital market financing on ongoing basis based on its needs and market environment,” reads a Ukrainian Ministry of Finance press release.

The Ukrainian Ministry of Finance started Eurobonds road-show, reported minister of finance Mr. Yaroshenko. According to Minister, Ukraine intends to place Eurobonds for USD 2 bln.

Ukraine may start a Eurobonds road show in July, reported Interfax, with reference to a source in the banking community.

The Fitch international ratings agency improved its outlook on the credit ratings of the City of Kharkiv from ‘negative’ to ‘stable’. Fitch maintained its long-term rating for Kharkiv (both in the national and foreign currency) at the ‘B-’ level.

The Fitch international rating agency increased the outlook rating for Ukraine from ‘negative’ to ‘stable’. At the same time, Fitch confirmed Ukraine’s long-term rating B-.