Fixed Income

June 08, 2016
 

Ukrainian sovereign Eurobonds ended higher last week, with the 10-year benchmark, Ukraine-26s, gaining 1.9% to 93.3/94.0 (8.8%/8.6%) and the shortest outstanding issue, Ukraine-19s, rose 1.0% to close at 97.5/98.3 (8.6%/8.4%). The VRI derivatives (linked to Ukraine’s future GDP performance) increased by 2.0% to 31.5/32.5 cents.