Ukraine Bonds Fall With Stocks Before Weekend Crimea Referendum - Businessweek:
"Ukraine’s Eurobonds weakened and stocks headed for the worst week in seven on concern the conflict with Russia is intensifying two days before a referendum this weekend on the Crimean region’s independence.
The yield on the government’s dollar bonds due in 2023 rose 15 basis points to 10.79 percent, within three basis points of a three-week high, as of 4:07 p.m. in Kiev. The yield on the notes maturing in June 2014 climbed 27 basis points to 51.2 percent. The 2014 notes was bid at 91.63 cents on the dollar, compared with 91 cents two days ago, the lowest close on record.
As Crimea geared up for the vote on joining Russia, the U.S. and European Union threatened sanctions if President Vladimir Putin doesn’t back down from annexing the province. Ukraine says Russia has taken over the peninsula and is massing troops on its eastern border after a deadly clash in the Donetsk region. Estonia said Russia is preparing to invade."
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