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Ukraine's dollar bonds rally, recoup losses from earlier in week

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Ukraine's dollar bonds rally, recoup losses from earlier in week

Nov 21, 2024 10:23 AM

LONDON, Nov 21 (Reuters) - Ukraine's dollar bonds

rallied on Thursday, with longer-dated maturities trading nearly

2 cents higher, allowing them to regain losses from earlier in

the week.

The 2035 maturity gained as much as 1.8 cents on the dollar,

to bid at 57.6 cents by 1600 GMT.

The bonds had recouped all losses from Tuesday, when they

slid after Ukraine used U.S.-made ATACMS rockets inside Russia

for the first time.

Thursday's trading levels marked the highest for the 2035

maturity since the bonds launched in September following a debt

restructuring.

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