Ukraine has made a payment of about $200 million to holders of its GDP warrants, securities that weren’t part of a recent $20 billion eurobond restructuring agreement with private creditors, the finance ministry said, Bloomberg News reported. The payment comes after the finance ministry said in a statement in July that it intended to pay a consent fee in early August linked to $2.6 billion of outstanding warrants, as well as a deferred payment on the notes from 2021.

Ukraine struck a deal with creditors that could save it more than $11 billion over the next three years, a boost for the war-torn country as it scrambles to keep funding the war with Russia, the Wall Street Journal reported. The preliminary deal, unveiled Monday, came after months of contentious negotiations with a committee representing Western bondholders such as BlackRock and Pimco, which had balked over how much debt relief Ukraine and its Western backers were requesting.

Ukraine and its international bondholders started a new round of official talks on restructuring more than $20 billion of debt as Kyiv is running out of time to reach an agreement or face the risk of a potential default, Bloomberg News reported. The east European nation, fighting against Russian aggression, is under pressure to agree a debt overhaul with its creditors as a freeze on payments — agreed two years ago after Moscow’s full-scale invasion — is set to expire on Aug. 1.

The International Monetary Fund cut its growth forecast for Ukraine, as Russian strikes on its power infrastructure drag on the nation’s economy, and said talks with bondholders are “intensifying” as a repayment deadline nears, Bloomberg News reported. That outlook came alongside the Washington-based lender’s final approval Friday to release $2.2 billion from Ukraine’s $15.6 billion aid package, an expected step after agreeing to terms late last month. This is the fifth tranche Ukraine has received under the program since it was established in 2023.

The first formal talks on restructuring more than $20 billion of Ukraine’s international bonds ended without a deal as the creditors pushed back against Kyiv’s proposal for debt relief, Bloomberg News reported. With bond payments set to resume this summer, Ukraine is asking debt holders to accept bigger losses that would allow it to finance its defense efforts against Russian aggression and prepare financial resources for economic reconstruction once the war ends.

Ukraine's central bank lowered its key rate to 14.5% from 15% in a surprise cut on Thursday, citing slowing inflation, a stable situation on the currency market and lower risks linked to international financial aid for Kyiv, Reuters reported. Most analysts and bankers had expected the central bank to keep the main interest rate steady. The rate was cut to 15% in December. "The easing of interest rate policy will support economic recovery, without threatening macrofinancial stability," the central bank said in a statement.

German Finance Minister Christian Lindner favours using the interest accrued from frozen Russian assets to support Ukraine in its war against Moscow, he said on Wednesday on the sidelines of a Group of 20 meeting which was discussing the issue, Reuters reported. Finance ministers from the G20 want to increase the pressure on Russia and strengthen Ukraine, said Lindner in Sao Paulo. "The European Union is working on how the proceeds from Russian assets can be used for Ukraine.

The International Monetary Fund on Tuesday said that it had formally launched a new trust fund to help support Ukraine's economic and financial reforms over the next five years, with a goal to raise $65 million from donor countries, Reuters reported. The Ukraine Capacity Development Fund was launched in Kyiv with initial resources of $16.5 million provided by the Netherlands, Slovakia, Latvia, Japan and Lithuania.