May 17, 2019 / 11:06 AM / 2 months ago

Ukraine dollar bonds fall after coalition breaks up, raising prospect of snap elections

LONDON, May 17 (Reuters) - Ukraine dollar-denominated sovereign bonds fell across the curve on Friday after the country’s ruling coalition broke up, potentially paving the way for incoming President Volodymyr Zelenskiy to call a snap election.

The 2026 bond slipped 0.7 cents to trade at 93.297 cents in the dollar, according to Tradeweb data.

Parliament now has one month to form a new coalition or else the president can dissolve parliament and call snap parliamentary elections.

Reporting by Karin Strohecker; Editing by Tom Arnold

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