Ukrainian bonds surged by 12% over the past month, according to the Financial Times.

Ukraine's sovereign bonds have significantly increased in value over the past month. Dollar-denominated bonds rose by 12% amid expectations that Donald Trump's re-election could hasten the end of the war and improve Ukraine's solvency.

Financial Times writes about this.

The notable rise in the prices of Ukrainian bonds occurs against the backdrop of broader changes in global financial markets, linked to the prospects of a new U.S. administration. Trump has stated his intention to end the war in Ukraine "within a day" of returning to the White House, although he has not presented a specific plan.

Positive dynamics have been observed for over two months following Kyiv's successful restructuring of debt amounting to more than $20 billion.

In particular, Ukraine's bonds maturing in 2036 have increased from 44 to 49 cents on the dollar, while "GDP warrants" have shown even greater growth. Investors are counting on a swift recovery of the Ukrainian economy after a potential peaceful resolution, even if it involves territorial concessions.

Background. Previously, Mind reported that a leading hedge fund included Ukraine's debt securities in its list of the most promising investments for 2024.