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Ukraine Bonds Surge Amid Progress in Peace Talks

12/30/2025

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Story summary
  • Ukraine's government bonds rallied on December 29, 2025, as peace talks with Russia progressed.
  • U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy reported advances on security guarantees, though major territorial disputes remain.
  • Ukraine's bonds gained support from an IMF program worth $8.2 billion and a European Union (EU) loan.
  • Some long-dated bonds still trade around 57 cents on the dollar, below February 2025's near 70-cent level.