IMF considers reviewing its rules

Обзор облигаций 30.10.2015 The IMF plans to discuss policy changes which could permit financing to countries in default on official loans, Mr. Gerry Rice, Director of the IMF's Communications Department, said yesterday in Washington. This change could be discussed this November. Investment implications: Changes in IMF policy could allow the Fund to continue supporting the Ukrainian economy and maintaining reforms despite the potential default on the US$3.0bn Eurobond held by Russia scheduled for repayment in December. If the IMF approves this policy change, Ukraine could receive international support and not pay Russia.