Ukraine Bonds Slump With Hryvnia After Prime Minister Resigns

July 25, 2014 1:51 PM

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July 25 (Bloomberg) --Ukrainian government bonds fell to a three-week low as Prime Minister Arseniy Yatsenyuk’s resignation prompted concern about political stability before a potential military showdown with rebels in the city of Donetsk.

The yield on the dollar bond due July 2017 rose for a second day, gaining 22 basis points to 8.85 percent, the highest level since July 7. The hryvnia weakened 1.5 percent to 11.91 per dollar by 4:02 p.m. in Kiev, according to data compiled by Bloomberg.

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