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Ukraine bonds rally for second day on peace talk hopes

ReutersFeb 13, 2025 7:32 AM

- Ukraine's sovereign dollar bonds rallied for second consecutive day on Thursday, gaining as much as 2 cents on hopes that peace talks with Russia could enable a ceasefire.

Several of Ukraine's bonds gained more than 2 cents, with the 2035 maturity that carries a 1.75% coupon leading the pack, adding 2.37 cents to be bid at 61 cents on the dollar.

China has floated a proposal to hold a summit between Russian President Vladimir Putin and U.S. President Donald Trump to help end the Ukraine war, the Wall Street Journal reported, citing people familiar with the matter.

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