Previously, Eurobonds were rated Marketweight, MW, and now they have been upgraded to Overweight, OW. BofA analysts noted an increase in the fundamental indicators of the Ukrainian economy due to fiscal consolidation and cooperation with the IMF.
Recommendation from Bank of America Corp. was posted in the Emerging Markets Outlook and investing-in-ukraine/service-for-investors/strategy-development/" rel="dofollow">Strategy of January 14, 2022.
BofA experts believe that if Ukraine successfully overcomes some apparent external crises, Ukraine can count on economic, financial, and military assistance from the US, the EU, and the IMF.
