Ukraine’s bonds jump as investors bet Trump will end war

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Financial Times 12h ago

Ukraine’s bonds jump as investors bet Trump will end war - Financial Times

Quick Summary:

A bond owed by Ukrenergo, Ukraine’s state grid operator, has rallied more than 160 per cent this year to 67 cents on the dollar, despite renewed Russian attacks on infrastructure.

Ukraine’s sovereign bonds have surged in price as investors bet that the incoming US administration will push for a quick end to the war with Russia.

Ukrainian debt has outperformed emerging market indices since mid-October, when markets began to price in a Trump election victory.