Ukraine Fixed Income Weekly (September 21, 2015)
Last week all Ukraine Eurobonds gained by 0.9 cents on average, save the Ukraine-16 and Ukraine-17, which lost 0.4 cents on average, and traded at 77.5 cents and 77 cents respectively. The longer-term sovereign bonds Ukraine-20, Ukraine-21, Ukraine-22, and Ukraine-23 gained 0.9 cents on average, and were traded at 77 cents. The short-term Ukraine-15 gained 1cent to be traded at 79 cents. The mild price gained was conditioned by diverging information background: the successful adoption by the Ukrainian Parliament of the legislative package intended to clear the way to the restructuring deal boosted expectations, however slightly restrained by the news about a likely minority holdout.