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Ukrainian 500 hryvnia banknotes and a U.S. 100 dollar banknote are seen in this picture illustration taken in Kiev, Ukraine, October 31, 2016. But concerns that international backing for Ukraine may be waning and few indications that the conflict is close to abating have brought fresh momentum into debt talks, the sources said. Most of Ukraine's bilateral lenders have suspended repayment obligations until 2027 - and some analysts had expected Ukraine might ask its bondholders for a matching extension. FROM DEBT REWORK TO FRESH FUNDSAs part of a debt restructuring, Ukraine would issue new bonds to existing holders once losses on existing debt had been agreed upon. In addition to issuing bonds as part of the debt restructuring, Ukraine also told investors it is weighing options to raise fresh additional financing, the sources said.
Persons: Valentyn, Yuri Butsa, Butsa, Brady, Karin Strohecker, Olena, Philippa Fletcher Organizations: REUTERS, Kyiv, International Monetary Fund, Bank, Monetary Fund, Fund, U.S, Thomson Locations: U.S, Kiev, Ukraine, Israel, Gaza, Marrakech, Rosario, London, Kyiv
U.S. dollar, euro and Ukrainian hryvnia banknotes are seen in this picture illustration taken in Kiev, Ukraine, October 31, 2016. read moreKyiv's goal though is a full-fledged IMF programme that would provide enough money and security to see it through the coming years. "I'm not sure whether standard tools of the IMF are really designed for this type of situation," he added. But its biggest single financing source is its own central bank, which has already had to print over $10 billion worth Hryvnia. Butsa said it is talking to the World Bank about a special facility for that money, where others, including private donors, could also contribute.
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