12 October 2016 Market Reviews

Bond Market Insight

Auction flattens yield curve

Yesterday, the MoF pushed the yield curve down after the recent NBU key rate cut, decreasing rates for yields up to 2-year maturities, keeping 16.00% for 5-year bonds steady. While the MoF rejected mo ...

ICUDebtInsight-20161012.pdf  (296kb)

11 October 2016 Market Reviews

Daily Insight

Liquidity falls further

Banking sector liquidity declined an additional UAH1.52bn to UAH76.96bn yesterday as funds were reallocated from CDs to banks’ accounts. Total CDs outstanding fell UAH2.06bn to UAH32.79bn while banks’ ...

ICUDailyInsight-20161011.pdf  (720.4kb)

11 October 2016 Market Reviews

Bond Market Insight

Минфин корректирует кривую

На сегодняшнем аукционе Минфин воспользовался спросом и дополнительно скорректировал кривую после недавнего снижения учётной ставки Национальным банком. Кривая была существенно снижена на отрезке до 2 ...

ICUDebtInsight-20161011-Rus.pdf  (462.6kb)

10 October 2016 Market Reviews

Daily Insight

Liquidity continues to decline

Banking sector liquidity fell UAH0.87bn to UAH75.49bn last Friday as banks’ correspondent accounts with the NBU rose UAH0.30bn to UAH40.64bn while total CDs outstanding declined UAH1.17bn to UAH34.84b ...

ICUDailyInsight-20161010.pdf  (712.6kb)

7 October 2016 Market Reviews

Daily Insight

Liquidity steady

Banks received UAH0.86bn of loans on Wednesday, refinancing loan repayments on the same day. This rollover had a positive impact on banking sector liquidity: it rose a slight UAH0.03bn yesterday with ...

ICUDailyInsight-20161007.pdf  (739.1kb)

6 October 2016 Market Reviews

Daily Insight

Liquidity reallocates

Last month, liquidity hovered around UAH75bn, with a significant increase at the end of month due to a VAT refund. Since this month began, liquidity has fallen to last month's levels. Yesterday, banki ...

ICUDailyInsight-20161006.pdf  (756.2kb)

5 October 2016 Market Reviews

Daily Insight

Liquidity declines further

Banking sector liquidity declined another UAH0.77bn to UAH77.24bn yesterday as banks’ correspondent accounts with the NBU fell UAH0.95bn to UAH41.70bn while total CDs outstanding rose UAH0.19bn to UAH ...

ICUDailyInsight-20161005.pdf  (715.8kb)

5 October 2016 Market Reviews

Bond Market Insight

Auction cancelled by the MoF

With only UAH1.25bn of debt repayments, including only UAH12.5m of principal repayments, scheduled in the first week of October, and with UAH13.47bn in the treasury account, the MoF had no need to rai ...

ICUDebtInsight-20161005.pdf  (271.8kb)