Friday, March 17
Foreign participation in Ukrainian local debt auctions could increase up to 25 times,
Friday, March 22, 2019
Foreign participation in Ukrainian local debt auctions could increase up to 25 times, according to a new Goldman Sachs analysis of the impact of the opening this spring of a Clearstream link to the National Bank of Ukraine. This link will allow non-resident traders, based in London, Frankfurt or New York, to buy and sell hryvnia bonds from their desks. Goldman forecasts this could raise up to $6 billion in capital for Ukraine, as foreign participation rises from 1.3% today toward Russia’s recent peak of 34%.