Research Reports

Ukraine’s sovereign Eurobonds sold off late last week after the IMF’s decision to extend its mission in Kyiv beyond the planned departure date of Jan....> read more

Ukrainian sovereign Eurobonds slid further last week amid negative news flow from the Donbass war zone and uncertainty about what Finance Minister Nat...> read more

Ukrainian sovereign Eurobonds got hammered last week, reaching what can be viewed as distressed yield levels, as fighting in the country’s contested e...> read more

Yields for long-term Ukrainian sovereign Eurobonds surged to historical highs during the last week of 2014 but then recovered some ground in the first...> read more

Ukrainian sovereign Eurobonds were little-changed last week despite the pre-Christmas cheer in global financial markets. Internal developments were co...> read more

Avangard has reported poor 9M14 earnings, with a net loss of USD 6mn and EBITDA down 47% YoY to USD 109mn. While the near-shutdown of production asset...> read more

Ukrainian sovereign Eurobonds experienced high volatility last week amid the currency turmoil in Russia and speculation regarding Kyiv’s national budg...> read more

The fragmented Ukrainian banking system, which has 168 financial institutions, is entering a period of consolidation as the challenging economic envir...> read more

It was another miserable week for Ukraine’s sovereign Eurobonds, which got hammered again on widely circulated reports that the country urgently needs...> read more

Ukraine’s sovereign Eurobonds continued to trend lower last week, as the scenario of sovereign restructuring and/or bondholder haircuts next year weig...> read more