Ukrainian bonds showed the most significant growth in a month after U.S. President Donald Trump intensified pressure on Russian President Vladimir Putin, urging him to quickly end the war in Ukraine. Dollar bonds maturing in 2035 and 2036 added nearly 1.5 cents, demonstrating strong growth in global markets.
This is reported by Business • Media
Trump’s Pressure Affected Ukrainian Debt Securities
At the beginning of the week, Ukraine ranked among the leaders in bond performance in emerging markets, occupying six of the top eight positions. These results were made possible after Donald Trump’s statement in Scotland, where he announced a new deadline of 10–12 days for the Russian Federation to reach a ceasefire agreement with Ukraine. This deadline significantly shortens the previous 50-day deadline, which was set to expire on September 2.
“Yesterday, the U.S. President stated during his visit to Scotland that he would set a new deadline of 10-12 days for the President of Russia to agree on a ceasefire with Ukraine, effectively shortening the initial 50-day deadline that was to end on September 2.”
Market Reaction to News of a Possible Ceasefire
Donald Trump’s electoral victory in the U.S. has heightened market expectations for a swift peace agreement, positively impacting the quotes of Ukrainian bonds. However, investor optimism has waned due to stagnation in peace negotiations — since the beginning of the year, bond prices have fallen by 12%, marking the worst performance among emerging market countries. This data is confirmed by Bloomberg analysts.