7 November 2014 Market Reviews

Bond Market Insight

2-year bonds sold

After Tuesday’s failed primary auction, the MoF held an unscheduled primary auction offering only 2-year bonds yesterday. As it had to repay a large portion of principal and interest repayments on Wed ...

ICUDebtInsight-20141107.pdf  (344.3kb)

6 November 2014 Market Reviews

Daily Insight

NBU begins depegging regime

The NBU began its transition by auctioned a small volume of FX in its new policy of transitioning from a controlled currency peg to a kind of managed float regime. In its first day, the FX rate droppe ...

ICUDailyInsight-20141106.pdf  (770.4kb)

6 November 2014 Market Reviews

Bond Market Insight

Размещены 2-летние ОВГЗ

После безуспешной попытки Минфина разместить ОВГЗ во вторник, которое не получило ни одной заявки, сегодня Минфин провёл ранее не запланированное размещение 2-летних облигаций, что было вполне ожидаем ...

ICUDebtInsight-20141106-Rus.pdf  (426.4kb)

5 November 2014 Market Reviews

Daily Insight

Security Council wants special status revoked

After President Poroshenko convened with the National Security Council for several hours to discuss the elections in Donetsk and Lugansk and the gross violation of Minsk ceasefire agreement, the Counc ...

ICUDailyInsight-20141105.pdf  (696.6kb)

4 November 2014 Market Reviews

Daily Insight

Metinvest’s 3Q14 production report

In its 3Q14 production results released last Thursday, Metinvest reported unilateral production declines: crude steel dropped 42% QoQ to 1.7mt, iron ore concentrate declined 8% QoQ to 8.4mt, and coal ...

ICUDailyInsight-20141104.pdf  (779.8kb)

3 November 2014 Market Reviews

Daily Insight

Minsk ceasefire agreement in tatters

On Sunday, pro-Kremlin militants carried out elections in the parts of the Donetsk and Luhansk oblasts under their control. While Kiev officially views the elections there as a farce and the EU and th ...

ICUDailyInsight-20141103.pdf  (691.2kb)