Ukraine's GDP warrant debt set for biggest weekly loss since 2022 invasion
BY Reuters | ECONOMIC | 04/04/25 05:02 AM EDTLONDON, April 4 (Reuters) - Ukraine's GDP warrant - a bond-like debt instrument that only pays out when the economy grows strongly - was on track for its biggest weekly loss on Friday since just after Russia's full-scale invasion in February 2022.
The warrants were down just over 1 cent on the day to be bid at 66.87 cents having also wiped out all the gains they made following U.S. President Donald Trump's reelection last year.
Some of the country's sovereign bonds - which were restructured last year - and are also linked to the economy's performance, shed as much as 1.5 cents. (Reporting By Libby George; editing by Marc Jones)