Ukraine Gate – Kyiv – March 10, 2022- The GDP guarantee rate is up 7.5% on Wednesday, and by 54.5% since Friday, and currently stands at around 22.8% of nominal value.
Yesterday, Wednesday, March 9th, Eurobond prices in Ukraine rose by another 4.5-10%, and their overall growth is 20-43% since last Friday.
According to Bloomberg, the price of the shortest maturity bond in September 2022 at the end of Wednesday was 45.4% of the face value, which corresponds to the yield to maturity of 270.9% per annum, while at the end of last week it reached 362.4%.
Eurobonds due in 2023 are priced at 86.4% per annum, in 2024 – 68.5% per annum, in 2025 – 50.6% and in 2026 – 43.8%.
The prices of securities due in 2027-2028 also decreased to 39-40% from 49-51% last Friday, and in the “longer” securities due in 2029-2031 it amounted to 32.6-28.1% while its price was 30% of face value compared to 21.8 % end of last week.
Eurobonds due in 2026 are priced at a yield of 46%, in 2030 – 26.2%.
The GDP collateral ratio rose 7.5% on Wednesday, and by 54.5% since Friday, and currently stands at around 22.8% of nominal value.
It should be noted that on September 29, 2021, the Ukrainian Ministry of Finance repaid the third and final issue of foreign government bonds (ODP) under a US guarantee, the total payments amounting to more than $1 billion, including $1 billion in Eurobond redemption and 7.355 million dollars in interest payments.
Eurobonds in Ukraine rise by 20-40%
