Reflecting foreign investor confidence in a future Zelenskyy government, investors oversubscribed Ukraine first Eurobond since October by a factor of six,

Reflecting foreign investor confidence in a future Zelenskyy government, investors oversubscribed Ukraine first Eurobond since October by a factor of six, bidding the final interest rate below the range set by the Finance Ministry. After drawing €6 billion in bids, the Finance Ministry placed the 7-year €1 billion bond at 6.75%. “Today’s strategic transaction is demonstrative of the continued investor support for our country,” Finance Minister Oksana Markarov said Thursday after the placement, which capped a four day, four EU city roadshow by her team. BNP Paribas and Goldman Sachs International acted as joint lead managers on the transaction.