Weekly Insight -- First payment due on VRIs
In May, Ukraine has to pay US$40.75m in its inaugural payment under the GDP-linked securities (VRIs). Holders will receive US$12.58 per US$1000 in notional amount, as real GDP grew by 3.233% in 2019, exceeding the 3.0% threshold after which the liability to make payments is triggered.
ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.
More information about ICU you can find at https://www.icu.ua/
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