Ukraine GDP warrant price rockets but investors unconvinced

By Lewis McLellan
05 Sep 2019

The price of Ukraine’s GDP warrants climbed rapidly this week on news of a “definite plan” to minimise the instruments’ impact on the country’s debt burden.

The warrants are trading at 92 to 93, up from 88 last week. The trigger was a speech from the Ukrainian prime minister, Oleksiy Honcharuk, in which he announced a “definite plan on how to minimise the harm from having these obligations”.

The announcement came alongside his promise ...

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