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Bond Market Insight-Weekly review: New Eurobond by city of Kyiv in the spotlight

01/06/2011 | ICU
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Ukraine\\\'s assets appeared to be under pressure from concerns that the Eurobond market was dumping riskier assets in the past week, against the backdrop of heightened risk aversion due to Greece\\\'s debt crisis. The CDS spread on Ukraine\\\'s 5-year sovereign debt rebounded upwards over the past week by 22bp, to 466bp, substantially higher than the 400-and-change basis point mark reached in April.

Both internally and externally, the events that unfolded

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