Fixed Income

October 11, 2020

Ukraine’s sovereign Eurobonds finally saw a rebound last week after four consecutive weeks of decline. Global portfolio managers may have been pleased by President Zelenskiy’s speech in London where he met with representatives of the largest investors in Ukrainian government securities. The president assured investors that the state was doing everything possible to improve the business climate in the country. On the macroeconomic front, UkrStat reported that headline inflation remained low at 2.3% in September, despite consumer prices increasing by 0.5% on a month-on-month basis.