Fixed Income

March 21, 2016

Ukrainian sovereign Eurobonds saw some gains late last week after a statement from the IMF that it intends to maintain cooperation with Ukraine despite the long interruption in the country’s current USD 17.5bn funding program. The IMF repeated that it is waiting for political clarity and renewed reform commitment from Kyiv. In news related to the Donbass occupied territories, President Poroshenko met with German Chancellor Merkel and French President Hollande in Brussels to discuss possible conditions for conducting elections in the separatist zone.