Rates on Ukrainian sovereign bonds fell slightly Monday in reaction to Sunday’s election results

Rates on Ukrainian sovereign bonds fell slightly Monday in reaction to Sunday’s election results. “The reason for such dynamics…is that it has finally become clear: Tymoshenko has no chance of becoming president,” Oleksandr Paraschiy, head of research for Concorde Capital, told Interfax-Ukraine. “Tymoshenko looked the riskiest for sovereign debt, based on her positions on key issues that contradict the IMF program.” Liquid shares of Ukrainian companies listed on the Warsaw Stock Exchange showed little movement on Monday.