Ukraine Eurobond, Stocks Climb as Yanukovych Tops Vote
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Ukraine’s dollar Eurobond climbed, cutting the yield by the most in nine days, and stocks advanced after President Viktor Yanukovych’s ruling party won more votes than its rivals in parliamentary elections.
The government 2017 Eurobond rose for a fourth day, cutting the yield 17 basis points to 7.11 percent by 7 p.m. in Kiev. That’s the biggest decline since Oct. 16 and the lowest level since the notes were sold in July. The country’s benchmark equity market gauge, the UX Index, added 6.2 percent to 875.15, increasing for a second day as all 10 stocks climbed. The hryvnia declined 0.6 percent to 8.1818 per dollar.