Ukrainian sovereign shares, which do not provide for payments until 2027, are becoming increasingly popular among investors amid expectations of negotiations to end hostilities after the inauguration of Donald Trump. It is reported by Bloomberg.
One type of security stands out in the bond rally. One of the sovereign bonds due in 2035 is trading at about 59 cents on the dollar, 10 cents higher than before Trump won the US presidential election.
Other shares that mature in the same year but pay interest earlier have a relatively lower price of 54 cents.
These shares of the so-called “series B” have an additional condition providing higher payments if the Ukrainian economy recovers faster than the International Monetary Fund predicts.
Investors who are waiting for the final cessation of hostilities believe that this will increase Ukraine’s economy.
Ukraine and its allies doubt that Russian dictator Putin wants to stop the war, as his army is gradually seizing new territory, and Trump has not shown any plan on how to force a cease-fire.
