BERLIN, Jan. 16 - The decline in the yield of Ukraine's bonds after the December agreements with Russia, which made them attractive for investors around the world, could create a misconception about the economic difficulties of Ukraine among investors, which sooner or later will put an end to this bond rally, analysts from Landesbank Berlin Investment said.
According to the Bloomberg agency, after the agreement on a $15 billion Russian loan to Ukraine, Ukrainian government securities since December 10 have brought 13% to investors compared to the growth of the index of developing countries' bonds, the Bloomberg Emerging Market Sovereign Bond, by 0.8% over the same period.
|