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On Approval of the Basic Conditions for Executing a Transaction with Contingent Obligations, as a Result of Which a Loan is Provided to the State by the Federal Financing Bank

Resolution Approves Conditions for Ukraine to Receive Loan from Federal Financing Bank (USA) for Up to USD 20 Billion under USAID Guarantees. Funds will be received through a special World Bank Financial Intermediary Fund to Strengthen Ukraine. The document consists of two parts: the resolution itself and an annex with the main terms of the transaction. The main conditions detail the mechanism for providing the loan through the execution of three key documents: certificate purchase agreement, guarantee and loan repayment agreement, and issuance of a debt certificate. Key loan conditions:

– Repayment Term: 40 years
– Interest Rate: 1.3% per annum plus the rate for 52-week U.S. Treasury bills
– Repayment will be primarily from frozen Russian assets
– Annual interest payments by August 31, starting from 2025
– Creditors have limited rights to demand loan repayment from the state budget in case of compensation from Russia for damages caused

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