If the plan to raise additional funds for its war effort and reconstruction by offering bonds to retail investors abroad goes through, it could see big interest.
The United States and Europe are said to have held talks with the Ukrainians.
As the country explores new avenues of funding for its war effort and reconstruction, it is looking to offer peace bonds to retail investors in the United States and Europe.
Sources told the publication that the EU and Ukrainian officials have already held talks about how to implement a sale of the new bonds in different member countries.
Getting approval for bond sales to retail investors abroad can take a long time and Ukraine has not yet released full details about its proposed offerings.
Although the country has been selling bonds since shortly after Russia invaded, only institutional investors and pension funds have been able to buy them.
Despite only top-tier investors being able to buy Ukraine's debt so far, there is significant interest from abroad, as investors from around the world have been asking the country's finance ministry how they can get those bonds as well.
Sam Stovall, chief investment strategist at CFR, says that if the proposed bond offerings come to fruition, people will be very receptive to helping Ukraine.
If everything pans out, I would think that retail investors would be willing to give a lot of money to Ukraine. The big uncertainty is whether or not the EU will back these bond offerings, which is speculative, and whether or not Ukraine is solely responsible for repayment.
$500 billion. According to sources, losses from the ongoing military conflict are in the tens of billions of dollars. The International Monetary Fund predicts that the economy of Ukraine will shrink by as much as 34% this year, while other experts think it will shrink by as much as half.
On the same day that President Joe Biden announced that the United States will send a further $800 million in military aid and $500 million in economic support to Ukraine, there was another news. Since Russia invaded the country on February 24, America has given more than $3 billion in aid.
Biden announced another billion dollars in aid to Ukraine.
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