By KYIV. Dec 27 (Interfax-Ukraine) – The total state debt of Ukraine in November 2022 grew by 4.2%: in U.S. dollars – by $4.34 billion, to $107.46 billion, in hryvnias – by UAH 158.7 billion, to UAH 3.930 trillion, according to data on the website of the Ministry of Finance.
According to them, over the past month, direct public debt rose by 4.5% to $97.69 billion, or to UAH 3.572 trillion, mainly due to obtaining a loan from the European Union (by $2.95 billion) and placing government bonds (by $0.56 billion or UAH 20.44 billion).
In particular, external direct debt grew by 6.4%, or $3.68 billion, to $61.48 billion, while domestic direct debt rose by 1.6%, or by UAH 20.44 billion, to UAH 1.324 trillion (equivalent to $36.21 billion).
According to the Ministry of Finance, the state-guaranteed debt in in U.S. dollars grew by 1.1%, or $0.1 billion, to $9.77 billion in November, and in hryvnias – by UAH 3.83 billion, to UAH 357.4 billion.
The main share of state-guaranteed debt falls on external debt, which rose by 1.6%, or $0.12 billion, to $7.83 billion in November.
Since the beginning of 2022, the total public debt of Ukraine has grown in in U.S. dollars by 9.7%, or by $9.51 billion, while in hryvnia equivalent it has jumped by 47.1%, or by UAH 1.258 trillion.
The total external public debt of Ukraine in 11 months of this year widened by 21.2%, or $12.1 billion, to $69.3 billion, while the total domestic debt swelled by 25.5%, or UAH 283.7 billion, to $1.395 trillion hryvnia
According to the Ministry of Finance, the share of liabilities in in U.S. dollars at the end of November was 31.22%, in euros it was 21.03%, in SDRs 13.62%, in Canadian dollars 1.00%, in yen 0.90%, British pounds 0.02%, while in hryvnias 32.21%.
The ministry also said that 67.14% of government debt has a fixed interest rate, while 13.62% is pegged to the IMF rate, 6.69% to SOFR, 4.31% to Libor, 0.43% to EURIBOR.
The rate of another 3.69% of the public debt is pegged to the consumer price index, and 3.74% to the NBU key policy rate. These are government bonds from the portfolio of the National Bank, the newest of which are papers pegged to the key policy rate, which the NBU buys out as part of emission financing of the budget.
Finally, 0.38% of the public debt has a rate pegged to the Ukrainian index of rates on deposits of individuals used in portfolio guarantee programs.
