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Event Brief

Ukraine Swaps GDP Warrants for Bonds with Creditors

Ukraine restructures its economic growth-linked securities into bonds to stabilize its finances amid ongoing conflict.
WHO: Ukraine, creditors
WHAT: Agreement to convert GDP warrants into bonds
WHEN: Dec 17, 2025 at 7:00 PM ET
WHERE: Ukraine
WHY: To help shore up war-torn finances
Sources (1): Bloomberg

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