KYIV, Dec 9 – Ukraine’s long-term bonds are becoming an attractive investment as the government has reached a deal with the International Monetary Fund that will accelerate its economy, Bank of America Merrill Lynch reported.
Other factors adding to optimistic scenario include the central bank’s expected steps to cut interest rates at least 5 percentage points during the next 12 months amid low inflation, and assurances that the government will not return PrivatBank to billionaire Ihor Kolomoiskiy, a move that would have looked like corruption.
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