Ukraine’s credit spreads have tightened dramatically over the past week, signalling renewed investor confidence in the country following the February election of new president Viktor Yanukovych.
Yanukovych’s coalition government auctioned its first sovereign bonds on March 17. According to the Ministry of Finance, the yield for the six-month domestic currency bond fell 200 basis points to 17%, and for a one-year issue by 680bp to 16%. On March 19, the government auctioned bonds with 13-, 18- and
The week on Risk.net, July 7-13, 2018Receive this by email