KYIV, Nov 2 – Analysts at BofA Securities have improved their recommendations on Ukraine's eurobonds to Marketweight (MW) from the Underweight (UW), to which they worsened these recommendations early September, according to a recent review.

According to the document, this was caused by encouraging signals from the authorities to overcome obstacles on the way to the next tranche of the International Monetary Fund (IMF), in particular, by decisive steps by President Volodymyr Zelensky in response to the abolition of a number of anti-corruption laws by the Constitutional Court and the discussion of the budget for 2021.