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Ukraine international bonds slide as ceasefire hopes remain distant

ReutersJan 2, 2026 12:19 PM

- Ukraine's international bonds linked to economic growth slid close to 3 cents on Friday as ceasefire hopes remained distant.

The zero-coupon 2035 and 2036 bonds, whose payouts are linked to future economic growth, each shed just under three cents, to bid at around 54.50 cents, Tradeweb data showed.

Other maturities also fell, but at a slower pace.

Earlier this week, some of those bonds hit their highest since the 2024 restructuring due to positivity around talks to end the war with Russia, but the 2035 and 2036 growth-linked bonds had remained below their post-restructuring highs.

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