18 May 2015 Market Reviews

Daily Insight

Yatseniuk's public plea to bondholders

In Prime Minister Yatseniuk's speech to Parliament last Friday, the head of the government again requested investors to participate in the restructuring, as its successful completion is crucial for t ...

ICUDailyInsight-20150518.pdf  (666.2kb)

15 May 2015 Market Reviews

Daily Insight

Liquidity surpasses UAH60.0bn

After receiving a portion of debt repayments, banks’ correspondent accounts with the NBU rose UAH2.24bn to this month’s new high of UAH28.25bn yesterday while total local currency debt repayments sche ...

ICUDailyInsight-20150515.pdf  (775.2kb)

14 May 2015 Market Reviews

Daily Insight

UAH’s TWI under pressure on USD weakness

The relative weakness of the US economy versus the eurozone, as confirmed by yesterday's statistics news releases, sent the US dollar lower versus major global currencies. ...

ICUDailyInsight-20150514.pdf  (725.6kb)

13 May 2015 Market Reviews

Daily Insight

MoF negotiations with creditors heats up

Yesterday, Interfax-Ukraine reported that a letter in its possession from the ad-hoc committee of Ukraine's external creditors stated “a lack of real work in regard to the restructuring proposals [fro ...

ICUDailyInsight-20150513.pdf  (784.2kb)

12 May 2015 Market Reviews

Daily Insight

Metinvest offers a revised solicitation to Eurobond holders

Last Thursday, Metinvest issued new consent solicitations to the holders of the company’s 2015, 2017 and 2018 Eurobonds after the previous solicitation was nullified when the prior vote assembly faile ...

ICUDailyInsight-20150512.pdf  (695.2kb)

8 May 2015 Market Reviews

Daily Insight

Liquidity continues to recover

Broader banking sector liquidity rose 3.92% yesterday, up UAH2.06bn to UAH54.58bn, including fund reallocations. Total CDs outstanding rose UAH2.96bn to UAH27.76bn while banks’ correspondent accounts ...

ICUDailyInsight-20150508.pdf  (762.7kb)

7 May 2015 Market Reviews

Daily Insight

Tariff hikes gravely impact monthly CPI data

Headline CPI in April rose 14.0% from the previous month, per official statistics agency reports, mainly due to a five-fold increase of the regulated tariff on natural gas which had been flat over the ...

ICUDailyInsight-20150507.pdf  (771.8kb)

6 May 2015 Market Reviews

Daily Insight

Metinvest’s production in 1Q15

Metinvest announced yesterday that its crude steel production declined 4% QoQ to 1.672mt in 1Q15, while the production of iron ore concentrate fell 12% QoQ to 7.449mt. At the same time, the company’s ...

ICUDailyInsight-20150506.pdf  (783.2kb)