Ukraine

There are major lessons to be learnt from the most recent developments in the collapse of the Icelandic banking system for states across emerging Europe, and indeed emerging markets.... 2008-10-09

Following the revaluation of the Ukrainian hyrvnia's peg to the dollar in May, it is now looking likely that the National Bank of Ukraine will adopt a currency basket comprising... 2008-08-04

The macroeconomic challenges we highlighted in our last quarterly Emerging Europe sovereign risk ratings update have escalated further in the second quarter, with little sign of easing... 2008-07-17

Having lost 47.9% of its value since January 1, Ukraine's PFTSI equity index has firmly broken through our 675 downside target, to at one point trade at 610 on July 17. We believe... 2008-07-17

BMI's short-term view on European external debt markets has played out, with significant spread widening occurring in many of the region's benchmark 5-year credit default swaps (CDS).... 2008-07-04

Several US dollar pegs have been broken in the CIS recently, which we believe signals significant further upside for many of the region's currencies over the medium term.

The Ukrainian 5-Year Credit Default Swap (CDS) is looking decidedly precarious, having risen by 58bps since May 30 to at one point reach 347bps on June 19 - a level last seen in... 2008-06-19

Since Q307, emerging Europe frontier equities have generally been assets to avoid, with tightening credit markets, rising energy input costs for key industrial sectors and jittery... 2008-06-05

Since early 2006, we have been highlighting the pressures on Ukrainian gas company Naftogaz. Rising gas import prices, together with only moderate increases in transit fees - which... 2008-01-07

Ukrainian spreads are continuing to decline in line with out long-term view. The spread of the Ukraine US$ Global 13 over the US 5-Year Treasury has declined to 107bps, while the... 2007-06-07