Ukraine's bonds rally in first trading after Trump inauguration
LONDON, Jan 21 (Reuters) - Ukraine's government bonds rallied around 1 cent and its GDP warrant gained 1.5 cents in the first trading after U.S. President's Donald Trump's inauguration.
Tradeweb data showed Ukraine's 2029-maturing bond gained more than 1 cent on Tuesday to be bid at 69.32 cents on the dollar in European trading. The country's bond-like 'GDP warrants', whose payments are directly linked to its rate of economy growth, climbed to 81.83 cents.
Ukraine's bonds have rallied since Trump's election in November, due to optimism that he could negotiate an end the near three-year long war with Russia.
(Reporting By Libby George; editing by Marc Jones)
((Libby.George@thomsonreuters.com; +44 07527 061331; Reuters Messaging: libby.george@thomsonreuters.com))
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