Ceasefire talk lifts Russia bonds but not Ukraine's

Dan Alderson,

Virginia Furness

February 12, 2015 06:00 pm

Ukraine peace talks 2015 — From the left : Belarusian President Alexander Lukashenko, Russian President Vladimir Putin, German Chancellor Angela Merkel, French President Francois Hollande, and Ukrainian President Petro Poroshenko arrive to pose for a photo during a time-break in their peace talks in Minsk, Belarus, Wednesday, Feb. 11, 2015. Leaders of Russia, Ukraine, France and Germany are gathering for crucial talks in the hope of negotiating an end fighting between Russia-backed separatist and government forces in eastern Ukraine. (AP Photo/Alexander Zemlianichenko, Pool) | Alexander Zemlianichenko/AP/Press Association Images

A rally in Russian debt has given an immediate peace payout from the ceasefire in Ukraine, which starts on Sunday. But Ukrainian bonds have failed to pick up despite the IMF agreeing to increase its lending to the war-torn country with $5.8bn of new money, write Virginia Furness and Dan Alderson.

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Topics

SSA Sovereigns CEE Bonds News content Emerging Markets CEE

DA

Dan Alderson

VF

Virginia Furness