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ICU Research
is a small but highly professional team of experts who have deep insight in diverse fields of finance — from global markets to Ukrainian macroeconomics and from the local banking sector to sovereign debt market.
Weekly Reviews
Macroeconomics
Bond Market Reviews
Weekly Reviews
Inflation at 12.9% in January
Consumer inflation picked up further to 12.9% in January, up from 12.0% in December. It will keep ac...
17 February 2025
NBU reserves down 1.8% in January
Gross international reserves of the NBU were down 1.8% in January to US$43.0bn on high NBU FX sale i...
10 February 2025
Ukraine’s public debt up 14% in 2024
Ukraine’s public debt surged 14% in US$ terms to US$166bn in 2024, just above 90% of GDP. ...
3 February 2025
Macroeconomics
2025: Year of Challenges and Great Hopes
The year 2025 will be one of great expectations along with hope for a sustained ceasefire agreement...
13 December 2024
Macro risks edge up on large fiscal needs
Macroeconomic risks have increased in the past months, but even so, they remain fully manageable. Th...
20 August 2024
Macro Risks Remain Manageable
The resilience of Ukraine’s economy to unprecedented external shocks remains beyond any doubt. The e...
23 April 2024
Bond Market Reviews
MoF has debut swap auction
Yesterday, the MoF held its debut swap auction to exchange bonds due in a week for two-year paper. T...
20 February 2025
Demand for UAH bonds at record-low
Yesterday, the MoF accepted all bids without changes in yields, borrowing the lowest amount of funds...
19 February 2025
MoF suspends increase in bond yields
Yesterday, the MoF rejected nearly one-third of demand on military UAH bonds to keep yields steady a...
12 February 2025
Video
Media publications
Economy
13 December 2024
Economy
27 February 2023
Investments
21 February 2023
Investments
20 February 2023
Venture Capital
15 December 2022
Investments
18 November 2022
Economy
6 September 2022
Bonds
15 June 2022
Investments
13 December 2021
Investments
27 September 2021