Ukraine State Debt Grew 0.8% in February, Finance Ministry Says

Ukraine’s state debt, including guarantees, increased 0.8 percent last month as the government borrowed on local markets and abroad.

Debt climbed to $66.55 billion as of Feb. 28 from $66 billion in January, the Finance Ministry, based in the capital, Kiev, said today in a statement on its website.

State domestic debt advanced to $26 billion from $25.2 billion, while foreign debt rose to $26.5 billion from $26.2 billion, according to the statement.

More than 42 percent of Ukrainian state debt, including guarantees, is denominated in dollars, while 36 percent is in hryvnia, according to the ministry.

To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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