Monday, December 01, 2014

Ukraine govt bond falls to all-time low

Ukraine’s dollar-denominated bonds fell to a record, pushing the yield above 20 percent for the first time, on concern the pro-Russian insurgency is worsening.

The sovereign notes due July 2017 fell 0.7 cents to 78.04 on the dollar, lifting the yield by 45 basis points to 20.38 percent by 2:59 p.m. in Kiev. The rate jumped 654 basis points in November, the most on record, according to data compiled by Bloomberg .... http://www.businessweek.com