Site icon UBN

Since the war began, bonds tied to Ukraine’s GDP have increased in value to the highest level.

 The IMF’s demand: Ukraine will develop its domestic securities market to avoid "printing" of the hryvnia.

Які переваги отримала Україна від реструктуризації боргу?

The price of Ukraine’s GDP warrants, according to the results of the September 8 auction, increased by approximately two percentage points – up to 49.2% of the nominal value. This is the highest price for these securities since the beginning of the war. On the first day of the war, according to Bloomberg data, they traded at 22.4% of the nominal value and later fell below 20% and even 15%.

Last Friday, the price of securities at a certain point exceeded 50%, reaching about 50.25%, while in February, on the eve of a full-scale war, they reached 55-75% of nominal value. All this happened after the US Secretary of State, Antony Blinken, visited Kyiv last week with new statements about providing aid.

In addition, separate forecasts for the growth of Ukraine’s economy in the current year have improved again: investment company Dragon Capital raised its forecast made in June from 3% to 4.5%, and the government of Ukraine from 2.8% in June to 4%.

Exit mobile version