Quotes of Ukrainian eurobonds collapse to 40-44% of face value

13:39, 24.02.2022 1 min read

As a result of Russia's full-scale military aggression, quotes of Ukraine's dollar eurobonds fell by 18.7-27.1% on Thursday, to 39.6-43.8% of the face value.

According to Bloomberg at 12:20 Kyiv time, the yield to maturity of securities maturing in 2024 jumped to 49.1-64.4%, in 2025 – to 38.9%, in 2026 – to 34.3%.

Rates on longer-term bonds rose to: 2029 - 23.75%, 2032 - 22.3% and 2033 - 21.5%.

Eurobonds due in 2026 were quoted with a yield of 34.3%, in 2030 - 20.3%.

The rate of VRIs fell on Thursday by 17.9% to 29.9% of the nominal value.