Ukraine Bonds Climb as Key Debt Talks Said to Enter Second Day
This article is for subscribers only.
Ukraine’s Eurobonds climbed to the highest level in more than a week on optimism a compromise will be reached on the nation’s $19 billion debt restructuring as negotiations in San Francisco enter a second day.
Talks between Ukrainian Finance Minister Natalie Jaresko and a creditor group led by Franklin Templeton will continue on Thursday, according to a person close to the negotiations who asked not to be named. The government’s $2.6 billion of notes due July 2017 climbed 0.34 cent to 56.94 cents on the dollar at 12:33 p.m. in Kiev.