“Zelenskiy needs to understand that the Fund is in the end a creditor,”

Tuesday, February 23, 2021
“Zelenskiy needs to understand that the Fund is in the end a creditor,”

“Zelenskiy needs to understand that the Fund is in the end a creditor,” writes Ash, senior emerging market strategist at BlueBay Asset Management. “It sets the terms, as it is lending the money at a discount interest rate…With yields on Ukrainian Eurobonds already 60-70 bps higher over the past few weeks, maybe it would be opportune for the Ministry of Finance to return to market sooner, rather than later.”

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