Ukrainian Eurobonds decreased in price amid escalation

Ukrainian Eurobonds decreased in price amid escalation

Ukrinform
Amid growing fears of Russian aggression, prices of U.S. dollar Eurobonds, GDP-linked bonds and other sovereign securities of Ukraine have dropped significantly.

According to Bloomberg, the yield on short-term securities maturing in September rose to 24.4% against 21.3% at the end of last week. Income from securities maturing in 2023-2024 rose to 16.9-18% (15.2-15.8% on Friday), Ukrinform reports.

Interest rates on Eurobonds maturing in 2025 and 2026 rose to 14.9% and 13.5%, respectively, which is almost 1% higher than at the end of the previous trading session.

Read also: Ukraine lost $280B over period of Russian aggression – finance minister

Yields on securities maturing in 2027-2029 grew by 0.7-0.8 percentage points, up to 12.6-12.2%, and on securities maturing in 2032-2033 - to 11.6-11.5% per annum (by 0.6 percentage points).

Ukraine's GDP-linked bonds (securities issued as part of debt restructuring in 2015) decreases in price immediately by 5.6% to 62.9% of face value.

The previous sharp drop in the value of Ukrainian Eurobonds took place on January 14-17, 2022. The reason was the same - the growing Russian military threat

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