Eurobonds overview
The prices of Ukraine’s Eurobonds gained 6.1 cents on average last week. Ukraine-19 and Ukraine-20 traded at 91.7 cents on average; Ukraine-21 and Ukraine-22 were at 90.0 cents on average; Ukraine-23 and Ukraine-25 traded at 87.7 cents on average; Ukraine-24, Ukraine-26, and Ukraine-27 traded at 86.1 cents on average. The market rally came on backdrop of the rumors about the consent of the current Prime-Minister to step down in favor of the current Finance Minister Natalia Jaresko, who is highly estimated among the business and investment community for her successes in reforming the financial policy of the country, and handling the negotiations on the restructuring of the country’s debt to private investors. Natalia Jaresko is also seen as an essential link between the country, foreign creditors and investors overall.