Ukraine investors hold breath as vital election approaches

Ukraine (resized 230 x 150)
By Lewis McLellan, Mariam Meskin
06 Mar 2019

The outcome of Ukraine’s presidential elections at the end of March will bear great influence on the nation’s economic future, and investors are fearful of the results.

“Thanks to the risk-on mood, there has been a big tightening in emerging markets [debt]," said a Ukrainian investor in Kiev, "but Ukraine’s sovereign curve has only tightened a little because of concerns around political stability.”

He added: “Ukraine government bonds are pretty cheap historically, but the political ...

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