Comment: Ukrainian eurobond market as of 17 April

April 18, 2017 - Cbonds

 

Svitlana Rusakova, Head of Proprietary Department, Dragon Capital (Cyprus) Limited:

We saw some two-way flow in the sovereign, with slightly better bids across the curve and thus a modestly higher closing. Quasi-sovereign banks traded quite well, driven by NBU Governor Gontareva’s remarks about bank asset-liability management. DTEK went through profit taking in the morning, coming off by 1.5pt but then creeping higher to close 0.75pt lower on the day in a solid two way flow.
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Issuer: DTEK
Issuer profile:
Donbass Fuel-Energy Company (DTEK) is a vertical integration of enterprises that build up an efficient production chain, from coal production to electric power generation and distribution. Mutually b... more
Outstanding issues:
1 issuesUSD1,275,114,314