Research Reports

  • 02.09.15 Fixed Income

    Ukraine’s sovereign Eurobonds regained some ground last week to snap a month-long losing streak, after French President Hollande and German Chancellor...> read more

  • 02.02.15 Fixed Income

    Ukraine’s sovereign Eurobonds sold off late last week after the IMF’s decision to extend its mission in Kyiv beyond the planned departure date of Jan....> read more

  • 01.26.15 Fixed Income

    Ukrainian sovereign Eurobonds slid further last week amid negative news flow from the Donbass war zone and uncertainty about what Finance Minister Nat...> read more

  • 01.19.15 Fixed Income

    Ukrainian sovereign Eurobonds got hammered last week, reaching what can be viewed as distressed yield levels, as fighting in the country’s contested e...> read more

  • 01.12.15 Fixed Income

    Yields for long-term Ukrainian sovereign Eurobonds surged to historical highs during the last week of 2014 but then recovered some ground in the first...> read more

  • 12.29.14 Fixed Income

    Ukrainian sovereign Eurobonds were little-changed last week despite the pre-Christmas cheer in global financial markets. Internal developments were co...> read more

  • 12.23.14 Agriculture

    Avangard has reported poor 9M14 earnings, with a net loss of USD 6mn and EBITDA down 47% YoY to USD 109mn. While the near-shutdown of production asset...> read more

  • 12.22.14 Fixed Income

    Ukrainian sovereign Eurobonds experienced high volatility last week amid the currency turmoil in Russia and speculation regarding Kyiv’s national budg...> read more

  • 12.17.14 Financials

    The fragmented Ukrainian banking system, which has 168 financial institutions, is entering a period of consolidation as the challenging economic envir...> read more

  • 12.15.14 Fixed Income

    It was another miserable week for Ukraine’s sovereign Eurobonds, which got hammered again on widely circulated reports that the country urgently needs...> read more