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Bond Market News
Ukraine’s Dollar Bonds Drop After Trump-Zelensky Meeting
March 3, 2025
Ukraine’s dollar bonds were lower by ~1 point across the curve following the failed discussions between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy to reach a peace deal. The discussions which were initially expected to lead to a peace deal to end the Russia-Ukraine war, ended up as a heated discussion, culminating without any agreement in place. Ukraine’s dollar bonds had rallied through February in expectations of a peace deal coming through.
Ukraine’s 1.75% 2029s were down 0.7 points to 71.8, yielding 10.8%.
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