6 August 2015 Market Reviews

Daily Insight

NBU reports monthly increase in FX reserves

In its monthly report on rebuilding FX reserves released yesterday, the NBU confirmed that reserves rose again over the past month, up ...

ICUDailyInsight-20150806.pdf  (675.4kb)

5 August 2015 Market Reviews

Daily Insight

UAH stable as global markets recover

Although the hryvnia was fairly stable yesterday, closing unchanged from the previous day at 21.7/USD per the NBU weighted average intraday rate, local dealers' quotes showed a slight recovery in the ...

ICUDailyInsight-20150805.pdf  (673.7kb)

5 August 2015 Market Reviews

Daily Insight

UAH stable as global markets recover

Although the hryvnia was fairly stable yesterday, closing unchanged from the previous day at 21.7/USD per the NBU weighted average intraday rate, local dealers' quotes showed a slight recovery in the ...

ICUDailyInsight-20150805.pdf  (673.7kb)

4 August 2015 Market Reviews

Daily Insight

Oschadbank’s bondholders approve restructuring

As we anticipated, Oschadbank's bondholders approved the proposed restructuring of the bank's outstanding 2016 US$700m and 2018 US$500m loans. For the OSCHAD 2016 US$700m loan, the interest rate will ...

ICUDailyInsight-20150804.pdf  (734.6kb)

4 August 2015 Market Reviews

Daily Insight

Oschadbank’s bondholders approve restructuring

As we anticipated, Oschadbank's bondholders approved the proposed restructuring of the bank's outstanding 2016 US$700m and 2018 US$500m loans. For the OSCHAD 2016 US$700m loan, the interest rate will ...

ICUDailyInsight-20150804.pdf  (734.6kb)

3 August 2015 Market Reviews

Daily Insight

Privatbank seeks extension of 2015 Eurobond

For its US$200 Eurobonds maturing on 23 September 2015, Privatbank is requesting an extension to 1 December 2015. Although bondholders passed a resolution for a three-year extension of another bond, ...

ICUDailyInsight-20150803.pdf  (671.3kb)

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)