5 September 2014 Market Reviews

Daily Insight

Scepticism over Minsk peace talks

The reconvened peace talks in Minsk are unlikely to result in a lasting accord today. Although leaders of the pro-Kremlin militants who have fortified the Donbass region with the help of Russian regul ...

ICUDailyInsight-20140905.pdf  (793.5kb)

4 September 2014 Market Reviews

Daily Insight

Liquidity recovers; Eurobond YTMs down

Broader banking sector liquidity rose further to UAH50.0bn yesterday, up UAH1.46bn to UAH49.00bn, after banks’ correspondent accounts with the NBU rose UAH1.86bn to UAH31.75bn. Total CDs outstanding s ...

ICUDailyInsight-20140904.pdf  (745.7kb)

4 September 2014 Market Reviews

Bond Market Insight

Low demand and yields decline

After two failed auctions last week, the MoF offered only one 2-year bond on Tuesday. The interest rate decreased slightly as a sole bid for a paltry UAH12.00m was filled. This single bid sub ...

ICUDebtInsight-20140904.pdf  (291.7kb)

4 September 2014 Market Reviews

Bond Market Insight

Low demand and yields decline

After two failed auctions last week, the MoF offered only one 2-year bond on Tuesday. The interest rate decreased slightly as a sole bid for a paltry UAH12.00m was filled. This single bid sub ...

ICUDebtInsight-20140904.pdf  (291.7kb)

4 September 2014 Market Reviews

Bond Market Insight

Доразмещены военные облигации

После трёхнедельного перерыва, Минфин сегодня доразместил очередную порцию «военных» облигаций, разместив 21.25 млн гривень по номиналу. Размещение проходило как и прежде по фиксированной ставке 7.00% ...

ICUDebtInsight-20140904-Rus.pdf  (427.6kb)

3 September 2014 Market Reviews

Daily Insight

Domestic liquidity flat, bond auction results

The MoF sold UAH11.75m (par value) of 2-year bonds at 16.50% to one bidder for UAH11.98m in budget proceeds. ...

ICUDailyInsight-20140903.pdf  (785.6kb)

2 September 2014 Market Reviews

Daily Insight

Hryvnia in an engineered gain

In response to IMF news of the next tranche to Ukraine, the hryvnia rose a significant 4.9% to close at 12.5500/USD yesterday on modest volume because of the national holiday in the US. In trade-weigh ...

ICUDailyInsight-20140902.pdf  (767kb)

2 September 2014 Market Reviews

Bond Market Insight

Небольшие объёмы и снижение ставки

После двух неудачных аукционов на прошлой неделе, сегодня Минфин предлагал лишь одну 2-летнюю облигацию и привлёк некоторый объём средств на аукционе, кроме того, даже немного снизил ставку размещени ...

ICUDebtInsight-20140902-Rus.pdf  (445kb)