31 July 2014
Market Reviews
Daily Insight
Liquidity down significantly; Eurobonds diverge; UAH flat after volatile session; 2Q GDP report shows recession
Banking sector liquidity declined yesterday as broader banking sector liquidity fell UAH1.68bn to UAH46.57bn. Bbanks’ correspondent accounts with the NBU decreased UAH0.51bn to UAH26.00bn and total CD...
ICUDailyInsight-20140731.pdf (754.7kb)
30 July 2014
Market Reviews
Daily Insight
Liquidity down due to tax payments; Eurobonds up; Second tranche of VAT bonds
Broader banking sector liquidity declined only UAH0.34bn to UAH48.25bn as banks’ correspondent accounts with the NBU fell UAH1.66bn to UAH26.51bn and total CDs outstanding rose UAH0.89bn to UAH16bn. T...
ICUDailyInsight-20140730.pdf (752.2kb)
29 July 2014
Market Reviews
Daily Insight
Liquidity rises further; Eurobonds slightly volatile
As banks’ correspondent accounts with the NBU declined UAH1.23bn to UAH28.18bn, the NBU absorbed UAH0.90bn as it increased total CDs outstanding to UAH15.27bn. Total local currency debt repayments sch...
ICUDailyInsight-20140729.pdf (792.1kb)
28 July 2014
Market Reviews
Daily Insight
Liquidity increases slightly; Ukrainian Eurobonds continue to decline; Primary auction announcement; Hryvnia weakens to 12/USD
Broader banking sector liquidity rose UAH1.14bn to UAH47.37bn last Friday as banks’ correspondent accounts with the NBU increase UAH0.98bn to UAH29.41bn and total CDs outstanding increase a mere UAH0....
ICUDailyInsight-20140728.pdf (661.1kb)
25 July 2014
Market Reviews
Daily Insight
Political news; IMF reviews global growth outlook; The NBU supports liquidity; Bondholders’ structure changes
The IMF issued an update to its semiannual projections on global growth last released in April when it reduced the growth rates for many key economies. In particular, the IMF sharply downwardly revise...
ICUDailyInsight-20140725.pdf (816kb)
24 July 2014
Market Reviews
Daily Insight
Liquidity fund reallocations; Eurobonds rebound; Hryvnia lower yesterday; Auction results
Yesterday’s primary auction was planned for Wednesday, most likely because funds paid on FX-denominated bond redemptions were due in investors’ accounts yesterday. This was the US$294m redemption of 1...
ICUDailyInsight-20140724.pdf (807.2kb)
23 July 2014
Market Reviews
Daily Insight
Services sector in June; UAH strengthens; Liquidity declines; YTMs diverge; Auction results
Broader banking sector liquidity declined UAH0.47bn to UAH44.95bn as banks’ correspondent accounts with the NBU fell UAH3.38bn to UAH28.03bn and total CDs outstanding increased UAH2.32bn to UAH11.95bn...
ICUDailyInsight-20140723.pdf (803.2kb)