Tuesday 20 May 2014

Ukraine Eurobonds Rise 6th Day as Russia Says Troops Withdrawing - Bloomberg #EuroMaidan

Ukraine Eurobonds Rise 6th Day as Russia Says Troops Withdrawing - Bloomberg:



"Ukraine’s 2017 Eurobonds rose for a sixth day, sending yields to a five-week low, after state television in Moscow reported Russian troops were withdrawing from the border between the two nations.



The yield on the dollar-denominated note due July 2017 fell 46 basis points to 11.11 percent, the lowest level since April 11. The hryvnia lost 0.4 percent to 12 per dollar at 3:30 p.m. in Kiev, the weakest since April 14.



Soldiers in three Russian regions bordering Ukraine were ordered back to their bases, according to the TV report, though NATO and the U.S. haven’t confirmed the pullback. President Vladimir Putin has welcomed contacts between the Kiev authorities and supporters of a decentralization of powers to the regions. Ukrainian Prime Minister Arseniy Yatsenyuk said the government will try to ensure presidential elections scheduled for May 25 will go ahead."



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