“Ukraine’s bonds plummet after Zelenskiy-Trump disputeUkraine’s international bonds fell in price after the dispute between Trump and Zelenskiy. Securities maturing in 2035 hit a
4-week low, falling to 61.688 cents per dollar.”, — write: unn.ua
Details
According to Reuters, bonds maturing in 2035 fell by 3.632 cents to 61.688 cents per dollar, the lowest in four weeks.
This drop is particularly noticeable in the context of Ukrainian bonds, whose payments are tied to the country’s GDP. They also came under pressure, falling by more than 2 cents and trading just above 80 cents.
This decline comes amid constant geopolitical fluctuations that are actively affecting the Ukrainian stock market. The reason is that uncertainty about the Donald Trump administration’s support for Ukraine, as well as the situation on the international stage, particularly in the context of the war in Ukraine, are of great concern to investors.
Recall
On March 3, the shares of European defense companies rose sharply . This happened amid leaders’ statements of support for Ukraine and fears of US aid.