Ukrainian Eurobonds weaken further

Обзор облигаций 22.01.2015 Ukrainian Eurobond prices declined further yesterday, most likely on rumors ahead of President Poroshenko's meeting with IMF chairman Christine Lagarde in Davos. News that Ukraine requested extended financing did not move prices significantly yesterday, and the yield curve adjusted to 18.67-27.57%. At the same time, the 5-year CDS rose to 2,759bp.