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                        FRIDAY, APRIL 19, 2024
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$2 billion five-year eurobond issue unchanged in tough market
Journal Staff Report

KIEV, July 23 - The Finance Ministry's placing of five-year eurobonds worth $2 billion has revived demand for Ukrainian debt securities, but their prices over the week remained almost unchanged, according to Svitlana Rusakova, a specialist at the department for international sales of debt securities at Dragon Capital.

The ministry's decision to issue was a surprise, as currently conditions on the market are not very favorable. All the same, after placement, the price of the new issue reached 101% of their nominal value, which implied a yield from securities at a level of 8.997% per annum. But by the end of Friday the interest in eurobonds receded following a deterioration in the external situation, and the market participants agreed to buy securities at a price of 99.75-99.85% of par with a yield of 9.31-9.29%.




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Currencies (in hryvnias)
  19.04.2024 prev
USD 39.60 39.55
RUR 0.421 0.420
EUR 42.28 42.06

Stock Market
  18.04.2024 prev
PFTS 507.0 507.0
source: PFTS

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