Ukraine’s bonds go up in price as expectations of peace plan rise, Bloomberg says
Pravda Ukraine
Ukraine’s dollar bonds have been rising for five days in a row, hitting new highs amid investor expectations that details of a deal to end the war will be revealed next week.
Source: Bloomberg
Details: Ukraine’s bonds saw a price increase across all maturities, with those due in 2034 surpassing 60 cents per dollar, marking a record high since their issuance in 2023. Meanwhile, the yield on Ukrainian bonds for the year stands at 7.8%, making them one of the most lucrative investments among emerging markets.
The US is expected to unveil a plan to end the war at a conference in Germany next week. It could involve a freeze on the conflict, security guarantees for Ukraine and the potential for elections in Ukraine following the cessation of hostilities.
Last year, Ukrainian bonds surged by about 60% as investors bet on steps that could bring the war closer to an end.
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