29 May 2015 Market Reviews

Daily Insight

Investments in 1Q; labor market in April

Fixed investments in 1Q15 dropped 14.8% YoY, excluding Crimea and the occupied enclaves of the Donetsk and Luhansk oblasts. Of the 25 regional units of the country, which consists of 24 oblasts and th ...

ICUDailyInsight-20150529.pdf  (785.6kb)

28 May 2015 Market Reviews

Daily Insight

UAH regains some ground under NBU guidance

According to Interfax-Ukraine, the NBU intervened yesterday, buying dollars at 21/USD and selling at 23/USD. At the close, the hryvnia's weighted-average rate increased 1.78% to 21.0413/USD, while Blo ...

ICUDailyInsight-20150528.pdf  (764.4kb)

27 May 2015 Market Reviews

Daily Insight

Ukraine issues new US-backed bond

The new US-backed bond issue announced a month ago, following guarantee agreements signed earlier this month, was completed yesterday at a 32bp spread to the benchmark at a 1.847% yield. Last year, Uk ...

ICUDailyInsight-20150527.pdf  (766.1kb)

26 May 2015 Market Reviews

Daily Insight

Metinvest’s key coke plant suspends production

Metinvest announced last Sunday that its key coke-making plant, Avdiivka Coke, suspended operations after an intense artillery attack on Saturday. All four high-voltage lines supplying electricity to ...

ICUDailyInsight-20150526.pdf  (741.2kb)

25 May 2015 Market Reviews

Daily Insight

Liquidity declines

Broader banking sector liquidity declined a mere UAH0.25bn to UAH59.66bn last Friday as banks’ correspondent accounts with the NBU fell UAH0.47bn to UAH24.30bn while CDs outstanding rose UAH0.22bn to ...

ICUDailyInsight-20150525.pdf  (729.8kb)

22 May 2015 Market Reviews

Daily Insight

Liquidity declines and is reallocated

Banks' correspondent accounts with the NBU rose UAH2.48bn to UAH24.77bn yesterday, but this increase was supported by cash-flows from CD redemptions (as CDs outstanding declined UAH2.26bn to UAH30.81b ...

ICUDailyInsight-20150522.pdf  (677.3kb)

20 May 2015 Market Reviews

Daily Insight

Cabinet of Ministers granted new rights

Yesterday, in an unprecedented move, the Ukrainian Parliament adopted a new law that permits the Ukrainian Cabinet of Ministers to impose a moratorium on US$20.24bn of debt principal that is scheduled ...

ICUDailyInsight-20150520.pdf  (761.5kb)

19 May 2015 Market Reviews

Daily Insight

Loan Guarantee Agreement signed

Yesterday, along with US Ambassador to Ukraine Geoffrey R. Pyatt and Director of the USAID Mission Jed Barton, the MoF reported that Ukraine’s Minister of Finance Natalie Jaresko signed the loan agree ...

ICUDailyInsight-20150519.pdf  (770kb)