LONDON, Nov 24 (Reuters) - Ukraine's international bonds

rallied nearly 3 cents on Monday on signs that a U.S.-backed

plan to end the war with Russia might move closer to fruition.

The zero-coupon 2035 bond gained the most, adding 2.9 cents

to bid at a three-month high of 54.75 cents on the dollar,

according to Tradeweb data.

The United States and Ukraine were set to continue work on

Monday on a plan to end the war with Russia, which is poised to

enter its fourth year, after agreeing to modify an earlier

proposal that was widely seen as too favourable to Moscow.

Investors view an end to fighting as positive for Ukraine's

economy. The conflict has severely strained Kyiv, hobbling its

power sector, draining workers due to the combination of

military service and migration, leaving it broadly reliant on

foreign financial support.

In a joint statement on Sunday, Washington and Kyiv said

they had drafted a "refined peace framework" after talks in

Geneva.