The Finance Ministry’s 4-day, 4-city roadshow for a new 7-year, Euro-denominated Eurobond is getting good reviews

The Finance Ministry’s 4-day, 4-city roadshow for a new 7-year, Euro-denominated Eurobond is getting good reviews – even before bids are made for what could be a €500 million placement. ICU writes: “We expect the pricing will be set close to 6.5%… This EUR-denominated placement looks like a good idea, as it will widen the investor base. Currently, EUR accounts for just 9.2% of the total debt portfolio of Ukraine, versus 42.4% of USD-denominated debt.”