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Ukrainian bonds rise on news of readiness for peace deal

Growth is 12%

Nov 14, 2024 10:12 120

Ukrainian bonds rise on news of readiness for peace deal  - 1

The value of Ukrainian government bonds, denominated in dollars, increased by 12% during the month amid expectations that the new US administration will take steps to end the conflict, the Financial Times (FT) newspaper reported.

According to the publication, “bond investors are betting that Ukraine will be willing to accept a peace deal that includes permanently giving up the territories it has lost" in conflict.

According to Teece Law, a representative of Ninety One, which owns some Ukrainian bonds, the transactions with them took place against the background of expectations of the end of the conflict, or at least the possibility that Trump “ push the start of negotiations” .

During the election campaigns, Trump promised that if he returned to the White House, he would resolve the Ukrainian conflict before taking office. The politician refused to clarify details of his peace plan. Russian President Vladimir Putin has named conditions for resolving the conflict, including the withdrawal of Ukrainian armed forces from Donbass and Novorossiya, Kiev's refusal to join NATO, the lifting of all Western sanctions against Russia, and the creation of a non-aligned and nuclear-free status for Ukraine.< /span>