Ukraine Invasion Threat Pushes Bond Spread Above Iraq’s: Chart

Ukraine has to pay its creditors a higher premium than Iraq after President Petro Poroshenko warned of a possible invasion by Russia. Both nations are rated six steps below investment grade at S&P Global Ratings. Tension has escalated since Russia accused the government in Kiev of sending saboteurs to Crimea who killed two servicemen, an allegation Ukraine has rejected.

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