
LONDON, Jan 22 (Reuters) - Ukraine's international bonds rallied more than 2 cents on Thursday as a fresh bout of high level diplomatic meetings lifted hopes that progress could be made towards ending the country's four year old war with Russia.
The growth-sensitive 2035 and 2036 maturities enjoyed the biggest gains, jumping around 2.5 cents to bid at just under 55 cents on the dollar, Tradeweb data showed.
The gains come ahead of Ukrainian President Volodymyr Zelenskiy meeting with U.S President Donald Trump on the sidelines of the World Economic Forum in Davos, Switzerland.
Meanwhile U.S. envoy Steve Witkoff is heading to Moscow to meet with President Vladimir Putin later in the day.
Speaking in Davos on Thursday morning, Witkoff said "a lot of progress" had been made in Ukraine peace talks and that negotiations were down to one last issue.