“Given still light positioning, there is a potential for ongoing massive foreign inflows into UAH bonds,”
“Given still light positioning, there is a potential for ongoing massive foreign inflows into UAH bonds,” ICU predicted yesterday in a 20-page report on the government hryvnia bond market, “UAH bonds – attractive again.” Ukraine’s bonds offer relatively high yields against a background of relatively modest macro, credit, and FX risks, especially on a short-term horizon,” writes the Kyiv investment bank. “High real rates, fast economic recovery, and favourable external conditions support the currency…By the end of the year, we