Ukraine's bonds see biggest fall of year, retracing some of ceasefire rally

LONDON, Feb 17 (Reuters) - Ukraine's government bonds saw their biggest fall of the year on Monday after weeks of rallying driven by hopes of a ceasefire with Russia.

Investors are carefully watching U.S.-orchestrated talks to end the country's war with Russia. Ukraine's economy ministry also said on Monday that economic growth had slowed year-on-year in January to 1.5%.

Tradeweb data showed Kyiv's bonds down much as 0.84 cents on the dollar, with the 2036 maturity XS2895057334=TE bidding at 68.16 cents. The strong gains in the recently restructured bonds began after U.S. President Donald Trump's election win in November. Trump has promised to negotiate a quick end to the hostilities.