LONDON, Jan 21 (Reuters) - Ukraine's government bonds

rallied around 1 cent and its GDP warrant gained 1.5 cents in

the first trading after U.S. President's Donald Trump's

inauguration.

Tradeweb data showed Ukraine's 2029-maturing bond gained

more than 1 cent on Tuesday to be bid at 69.32 cents on the

dollar in European trading. The country's bond-like 'GDP

warrants', whose payments are directly linked to its rate of

economy growth, climbed to 81.83 cents.

Ukraine's bonds have rallied since Trump's election in

November, due to optimism that he could negotiate an end the

near three-year long war with Russia.