24 October 2014
Bonds
Bond Market Insight
New challenges and risks
This year began with tremendous geo-global and domestic political volatility which immediately had an impact on the debt policy and financial situation in Ukraine. The reinstatement of the Ukrainian g ...
ICUDebtInsight-20141024.pdf (494.3kb)
23 October 2014
Bonds
Metinvest
1H14 results solid, but Donbass conflict has yet to take its toll
Despite slipping revenues, EBITDA and balance sheet strengthen. Metinvest reported revenues down 8% YoY to US$6bn while EBITDA increased 29% YoY to US$1.6bn and net income increased 46% YoY to ...
ICUDebtInsight-20141022.pdf (328.2kb)
23 October 2014
Bonds
Metinvest
1H14 results solid, but Donbass conflict has yet to take its toll
Despite slipping revenues, EBITDA and balance sheet strengthen. Metinvest reported revenues down 8% YoY to US$6bn while EBITDA increased 29% YoY to US$1.6bn and net income increased 46% YoY to ...
ICUDebtInsight-20141022.pdf (328.2kb)
22 August 2014
Bonds
Bond Market Insight
Government bond auction results: Low demand at higher yields
Yesterday’s primary auction demonstrated the MoF’s readiness to meet market demand. Despite insufficient demand at yesterday's auction, the MoF did increase the cut-off interest rate on 2-year bonds b...
ICUDebtInsight-20140822.pdf (335.6kb)
21 August 2014
Bonds
Bond Market Insight
VAT bonds: New yield guidelines
VAT-bonds with 5-year maturities with semiannual coupon payments and amortizations were in high demand by non-residents in 2004 and 2010 when similar bond offerings were issued. Although the MoF antic...
ICUDebtInsight-20140821-VAT.pdf (210.7kb)
21 August 2014
Bonds
Bond Market Insight
Результаты аукциона по продаже ОВГЗ: небольшой спрос и повышение ставок
Сегодняшний аукцион был ещё одним шагом к повышению привлекательности первичного рынка для рыночного инвестора, который продемонстрировал готовность Минфина к шагам навстречу рынку. Даже учитывая, что...
ICUDebtInsight-20140821-Rus.pdf (447.2kb)
20 August 2014
Bonds
Banking Sector Insight
Leaking out
Our banking sector quarterly update focuses on the most recent financial data on banks – in this case, for 1Q14 – and discusses the latest developments in the sector as well as in the economy. In a nu...
ICUDebtInsight-20140820-Banks-print.pdf (2.6mb)
20 August 2014
Bonds
Bond Market Insight
Результаты аукциона по продаже ОВГЗ: небольшие рыночные размещения
Исходя из данных, опубликованных Национальным банком, основными покупателями облигаций в пятницу выступали нерезиденты, которые увеличили более чем на 2.0 млрд гривень свой портфель по итогам прошлой ...
ICUDebtInsight-20140820-Rus.pdf (447.2kb)