Ukrainian Bonds Surge Following Trump’s Remarks on Putin: A Boost for the Debt Market
The Ukrainian financial market has experienced a significant rise in government bond prices following statements made by former U.S.
President Donald Trump, who called on Russian leader Vladimir Putin to halt the ongoing military actions in Ukraine.
This political signal from Washington has rekindled investor interest in Ukraine’s debt sector, marking a notable shift in market dynamics.
According to Ukrainian and international analysts, by Monday, July 18, Ukrainian bonds ranked among the top performers within the emerging markets debt segment.
Specifically, six out of the eight most profitable bonds were Ukrainian.
Experts interpret this growth as a sign of potential stability and an opportunity for investors to buy at attractive prices.
Duru Kal Gyun, an analyst from Jefferies Financial Group, noted that now is an ideal time to purchase Ukrainian bonds due to their still appealing prices, with many investors hesitating to buy actively.
He believes that Trump’s remarks could support expectations of a ceasefire, although a breakthrough in negotiations remains uncertain.
Kaan Nasli from Neuberger Berman Europe Ltd described the situation as: “While the war is likely to continue until at least 2026, the lack of decisive actions from Russia creates favorable conditions for risk-reward investments in Ukraine’s debt sector.”
Regarding debt restructuring discussions, no new rounds of negotiations concerning updated terms for GDP warrants after the default have taken place.
The Ukrainian Ministry of Finance currently limits itself to ongoing dialogue with creditors and individual investors, emphasizing the continuation of negotiations within a framework of constant consultations.