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Putin Bailout Haunts Ukraine With Early Repayment Clause

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The risk that Russia will seek early repayment of a $3 billion bond is adding to pressure on Ukraine as it races to secure more International Monetary Fund loans.

Russia has the right to call the Eurobond, bought a year ago to avert a default, if Ukraine’s public debt tops 60 percent of gross domestic product. The ratio may jump to 70 percent by Dec. 31, Moody’s Investors Service said Oct. 30.