30 June 2015 Market Reviews

Daily Insight

Privatbank formally proposes restructuring

Ukraine’s largest bank, Privatbank, sent its bondholders a proposal to extend the maturities of two bonds that are about to mature: for the US$200m September 2015 9.375% bond, the bank requests a thre ...

ICUDailyInsight-20150630.pdf  (651.9kb)

26 June 2015 Market Reviews

Daily Insight

Russia debt controversy still unresolved

The classification of the US$3bn Russian Eurobond as official or private debt had another twist yesterday. During a press briefing at the IMF's Washington headquarters yesterday, Gerry Rise, an IMF sp ...

ICUDailyInsight-20150626.pdf  (717kb)

25 June 2015 Market Reviews

Daily Insight

Another top-20 bank declared insolvent

The NBU took regulatory control of Financial Initiative Bank as the result of financial insolvency, ongoing insufficient liquidity, and its inability to make the repayments. The institution was relate ...

ICUDailyInsight-20150625.pdf  (688.9kb)

24 June 2015 Market Reviews

Daily Insight

FX bonds sold after hiatus

After a three month hiatus of auctions, the MoF yesterday offered a12-month USD-denominated bond with semi-annual coupon payments and raised US$140.03m un proceeds at a weighted average interest rate ...

ICUDailyInsight-20150624.pdf  (727.7kb)

24 June 2015 Market Reviews

Bond Market Insight

Возвращение валютных облигаций

Спустя почти три месяца Минфин вчера возобновил своё присутствие на долговом рынке, попробовав разместить валютные ОВГЗ со сроком обращения один год и полугодовым купоном. Размещение завершилось доста ...

ICUDebtInsight-20150624-Rus.pdf  (449.5kb)

24 June 2015 Market Reviews

Bond Market Insight

FX bonds sold after hiatus

After a three month hiatus of auctions, the MoF yesterday offered a12-month USD-denominated bond with semi-annual coupon payments and raised US$140.03m in proceeds at a weighted average interest rate ...

ICUDebtInsight-20150624.pdf  (281.6kb)

23 June 2015 Market Reviews

Daily Insight

Primary auctions resume

Following a long hiatus, the MoF announced that it will resume primary auctions this month, offering only one 1-year USD-denominated bond with semi-annual coupon payments. This USD-denominated bond ha ...

ICUDailyInsight-20150623.pdf  (667.9kb)

18 June 2015 Market Reviews

Daily Insight

Construction report for May

Following the previous day’s sector reports for May on agriculture, retail trade and transportation, the construction sector fell 31.7% YoY over January-May in real terms per yesterday’s release. Howe ...

ICUDailyInsight-20150618.pdf  (780.1kb)