31 July 2015 Market Reviews

Daily Insight

Liquidity under tax pressure

Month-end tax payments caused liquidity to decline significantly yesterday. Banks’ correspondent accounts with the NBU fell UAH1.22bn to UAH20.54bn even though total CDs outstanding declined UAH1.85bn ...

ICUDailyInsight-20150731.pdf  (714.7kb)

30 July 2015 Market Reviews

Daily Insight

Liquidity declines slightly

Banking sector liquidity declined UAH0.58bn yesterday to UAH78.38bn, after receiving a portion of funds from the NBU via bond purchases. Banks’ correspondent accounts fell UAH1.59bn to UAH21.75bn whil ...

ICUDailyInsight-20150730.pdf  (756.3kb)

29 July 2015 Market Reviews

Daily Insight

MoF’s financing plans

The MoF announced that it received US$4.7bn of external financing for 7M15 and repaid US$4.2bn of FX-denominated debt. In its presentation to the Ministry Board, the MoF also stated that it anticipate ...

ICUDailyInsight-20150729.pdf  (772.3kb)

28 July 2015 Market Reviews

Daily Insight

Discussions regarding new VAT-bonds

The head of the State Fiscal Service of Ukraine announced that steps are being taken to improve the VAT reimbursement process, particularly in regard to utilizing financial instruments for debt repaym ...

ICUDailyInsight-20150728.pdf  (779.3kb)

27 July 2015 Market Reviews

Daily Insight

Liquidity reallocation

Broader banking sector liquidity rose UAH0.84bn to UAH77.75bn as total CDs outstanding fell UAH1.22bn to UAH47.58bn and banks’ correspondent accounts with the NBU increased UAH2.06bn to UAH24.25bn las ...

ICUDailyInsight-20150727.pdf  (726.5kb)

24 July 2015 Market Reviews

Daily Insight

IMF funds said to arrive next week

In an effort to foment positive market sentiment, Ukrainian authorities touted that the IMF board was planning to disburse the next tranche worth US$1.3bn. An IMF official in Washington reportedly sai ...

ICUDailyInsight-20150724.pdf  (722.5kb)

23 July 2015 Market Reviews

Daily Insight

Liquidity hits new record high

The broader liquidity indicator rose UAH1.70bn yesterday to UAH77.95bn, setting a new record high since 2011. While banks’ correspondent accounts with the NBU slid just UAH0.05bn to UAH26.15bn, the NB ...

ICUDailyInsight-20150723.pdf  (734.8kb)

22 July 2015 Market Reviews

Daily Insight

The MoF sold FX-denominated bonds

The MoF sold US$205.15m of new 12-month USD-denominated bonds, accepting all six bids submitted at yesterday’s primary auction. The cut-off interest rate was increased to 8.85% and weighted average an ...

ICUDailyInsight-20150722.pdf  (728.4kb)