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Ukraine dollar bonds slip, but most set for healthy monthly gains - Tradeweb

ReutersFeb 28, 2025 1:59 PM

- Ukraine's dollar bonds slid by more than 1 cent on Friday, but most maturities remained on track for healthy monthly gains, Tradeweb data showed.

The country's international debt rallied strongly last year on the hopes that U.S. President Donald Trump could negotiate an end to the three-year war with Russia.

But the bonds have see-sawed in the past month, driven by investors' shifting views of the Trump administration's talks with Russia and whether they would ultimately benefit Ukraine's economy.

On Friday, some of the bonds shed over 1 cents, with the zero-coupon 2035 maturity bidding at 65.48 cents.

However, that bond and the 2036 maturity whose payout is also linked to Ukraine's economic performance, were on track for gains of 4 cents and 5 cents, respectively in February - the largest monthly gain since Trump's re-election in November.

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