On Wednesday, March 9, the prices of Ukrainian U.S. dollar-pegged eurobonds rose by another 4.5-10%, and in general since last Friday their growth reached 20-43%.
According to Bloomberg, the price of the shortest bonds maturing in September 2022 at the end of Wednesday was 45.4% of par, which corresponds to a yield to maturity of 270.9% per annum, while at the end of last week the rate reached 362.4%.
Eurobonds maturing in 2023 were quoted at a rate of 86.4% per annum, in 2024 – 68.5% per annum, in 2025 – 50.6% and in 2026 – 43.8%.
Rates on securities maturing in 2027-2028 fell to 39-40% versus 49-51% last Friday, and on longer-term bonds maturing in 2029-2031 they amounted to 32.6-28.1%, while their price was equal to 30% of the nominal versus 21.8% at the end of last week.
Euro-pegged bonds maturing in 2026 were quoted with a yield of 46%, in 2030 – 26.2%.
The rate of VRIs rose by 7.5% on Wednesday, and by 54.5% since Friday, and now stands at about 22.8% of the nominal value.
France is allocating EUR 100 million to help Ukraine and neighboring countries, the French Ministry of Foreign Affairs has reported.
“Having faced with a humanitarian emergency, France is allocating EUR 100 million to help Ukraine and neighboring countries. About 100 tonnes of cargo have already been delivered to the victims of the conflict,” the French Foreign Ministry said on Twitter on Wednesday.
H&M Group will donate EUR750,000 each to the UN Refugee Agency (UNHCR) and UNICEF for Ukraine’s humanitarian needs, according to the company’s website.
“The donation will support the work of UNHCR, the UN Refugee Agency, in the areas of protection, shelter, basic needs and provisions of core relief items, as well as cash assistance. The donation to UNICEF will, amongst other things, be used for clean water, medicines, hygiene kits, clothes, blankets, and psychosocial support,” the report says.
“In addition, the Erling-Persson Foundation, formed in memory of the founder of H&M Group Erling Persson, has also announced that it will grant SEK150 million to support humanitarian relief in Ukraine and support for refugees,” it says.
BNP Paribas Group does not expect financial losses from the war in Ukraine and has allocated EUR10 million to finance the activities of the UN, the International Committee of the Red Cross and Doctors Without Borders in Ukraine, the press service of the group reported.
“BNP Paribas confirms the group’s overall financial goals for 2025 … The group benefits from the demonstrated resilience and ability to adapt its diversified and integrated model, as well as the quality of its risk profile,” it said.
According to a press release, the group has also launched a Rescue and Recovery Fund to collect donations from employees and is doubling down on donations.
All children and caregivers from the orphanage in Vorzel have been evacuated to the Ukrainian capital, Kyiv City State Administration said.
“All the children and employees were evacuated from Kyiv city orphanage of Horodetsky, located in Vorzel… They were transferred to one of Kyiv hospitals. Tomorrow the children will be sent to Western Ukraine,” Kyiv City State Administration said in a Telegram on Wednesday.
Kyiv City State Administration said the capital is helping with the evacuation and humanitarian aid to cities located near Kyiv, namely Vorzel, Hostomel, Irpin, Bucha.
According to the statement, some 520 people were evacuated from Puscha-Vodytsia in two days due to the approach of active hostilities. The evacuated people were placed in kindergartens in Kyiv. Part of the inhabitants of Puscha-Vodytsia settled with relatives in other districts of Kyiv.
British American Tobacco (BAT), one of the world’s largest manufacturers of tobacco products in the world, has suspended its work and business operations in Ukraine due to the military invasion of the Russian Federation, while in the Russian Federation the corporation will suspend all planned capital investments and “rationalize its marketing activities”.
The corresponding statement was posted on the corporation’s website on Wednesday.
“In Ukraine, we have suspended all business and manufacturing operations and are providing all the support and assistance we can to our colleagues, including relocation and temporary accommodation. Our businesses bordering Ukraine are providing assistance to the humanitarian relief effort. In Russia, we have a full establishment of our people right across the country, including substantial local manufacturing. Our business in Russia continues to operate. As a key principle we have a duty of care to all our employees at this extremely complicated and uncertain time for them and their families,” it said in the report.
“We are deeply concerned about the conflict in Ukraine. The safety and wellbeing of our people there and across the region is our first priority. We have full local establishments of 1,000 people in Ukraine and 2,500 in Russia. Our thoughts are with them all at this incredibly difficult time,” the report says.
“We have suspended all planned capital investment into Russia and will focus on our portfolio of locally produced tobacco products – including our heated tobacco products. Furthermore, we are scaling our business activities appropriate to the current situation, including rationalizing our marketing activities. This fast-moving and complex situation demands us to constantly assess a wide range of factors and considerations. We are complying, and will continue to comply with, all international sanctions related to this conflict in full,” the company said.
