Two demonstrators were reported killed on Wednesday . Protestors have been out in the streets for weeks, angered by President Viktor Yanukovich's decision to shun a trade pact with the European Union and instead accept financial aid from Russia.
The hryvnia fell 0.5 percent on the day to 8.44 per dollar . Ukraine's 5-year credit default swaps rose 42 basis points from Tuesday's close to a one-month high of 788 bps, according to Markit.
Prices of Ukraine's 2023 and 2014 sovereign bonds both fell.
Ukraine's yield spreads widened 6 basis points on the EMBI Global sovereign dollar bond index, contrasting with a 2 bps contraction in the broader index.