With an IMF deal seeming certain, yields on Ukraine’s shortest Eurobonds have returned to normal, falling below yields on longer bonds. “Investors now expect that the next repayment will take place on schedule,” Vitaliy Sivach, ICU group trader, tells Interfax-Ukraine. “The curve returned to normal, which indicates the healthy state of the financial sector of the country.” Last week, the yield of Eurobonds with repayment in September fell by 4.5 percentage points- to 6.8%.
With an IMF deal seeming certain, yields on Ukraine’s shortest Eurobonds have returned to normal, falling below yields on longer bonds.
