Ukraine faces crossroads as Privatbank tensions peak

By Ross Lancaster
05 Dec 2019

Ukraine is approaching a crucial moment in its financial history as a court decision nears on the future of one of its largest commercial banks that will determine the course of foreign investment in the country.

Emerging market investors are getting ready to close books on an excellent year in Ukraine bond markets. Across emerging market high yield corporates alone, Ukraine has offered 20% returns so far this year, according to Bank of America data.

Looking to next year, that investment story could blossom ...

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