Ukraine's GDP warrant tumbles to lowest since early January

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Ukraine's GDP warrant tumbles to lowest since early January

, Reuters - 11:20 AM ET 3/26/2025 default

LONDON, March 26 (Reuters) - Ukraine's sovereign GDP warrant slid more than 1 cent on Wednesday to its lowest since early January as a U.S.-brokered truce between Kyiv and Moscow on energy strikes appeared to falter.

The warrant traded as much as 1.47 cents lower, at 77.70 cents on the dollar, as Russia and Ukraine accused one another of flouting the truce, and as conditions set by Russia cast doubt over a planned ceasefire in the Black Sea.

The country's international bonds also came under pressure, with the 2034 maturity falling as much as 0.44 cents to be bid at 56.128 cents. The bonds had been trading close to 1 cent higher earlier in the day. (Reporting By Libby George, editing by Karin Strohecker)

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