22 September 2016 Market Reviews

Daily Insight

Liquidity declines

Banking sector liquidity slid UAH1.01bn to UAH77.4bn yesterday as banks’ correspondent accounts with the NBU declined UAH0.95bn to UAH43.53bn and total CDs outstanding slid UAH0.06bn to UAH33.86bn. ...

ICUDailyInsight-20160922.pdf  (759.6kb)

21 September 2016 Market Reviews

Daily Insight

Liquidity up slightly

Banking sector liquidity recovered another UAH1.13bn yesterday to UAH78.41bn as banks’ correspondent accounts with the NBU increased UAH1.48bn to UAH44.49bn while total CDs outstanding declined UAH0. ...

ICUDailyInsight-20160921.pdf  (712.2kb)

21 September 2016 Market Reviews

Bond Market Insight

Yields continue to decline

The MoF held the last auction in 3Q16 yesterday, with most demand concentrated on FX-denominated bonds. Out of the UAH3.41bn of budget proceeds from this auction (calculating FX-denominated bonds at t ...

ICUDebtInsight-20160921.pdf  (295.8kb)

20 September 2016 Market Reviews

Daily Insight

Liquidity up with VAT refund

The Treasury reported a UAH1.66bn VAT refund last Friday, up from UAH0.02bn at the beginning of the month, pushing banking sector liquidity up UAH1.70bn to UAH77.28bn yesterday. As funds were mostly a ...

ICUDailyInsight-20160920.pdf  (716.2kb)

20 September 2016 Market Reviews

Bond Market Insight

Доходности продолжают снижение

Сегодня Минфин проводил последнее размещение валютных ОВГЗ в этом квартале, и вполне ожидаемо основной спрос сконцентрировался именно на предложении этих облигаций, а не номинированных в гривне. Из 3. ...

ICUDebtInsight-20160920-Rus.pdf  (467.4kb)

19 September 2016 Market Reviews

Daily Insight

Liquidity up slightly

Last week, banking sector liquidity recovered slightly to UAH75.58bn, up last Friday by just UAH0.22bn as banks' correspondent accounts with the NBU rose UAH3.00bn to UAH39.55bn while total CDs outsta ...

ICUDailyInsight-20160919.pdf  (707.5kb)

16 September 2016 Market Reviews

Daily Insight

NBU cuts rate by 50bps

NBU cut the key rate by 50bps to 15% in the fifth consecutive and smallest drop since April 2016. We deem this to be a very cautious and symbolic step. For more than one year, there has been a signifi ...

ICUDailyInsight-20160916.pdf  (721.1kb)

15 September 2016 Market Reviews

Daily Insight

Liquidity up slightly

Banking sector liquidity was up UAH0.32bn to UAH75.19bn yesterday, receiving UAH0.60bn of funds from the NBU on Tuesday and no significant budget proceeds. Banks’ correspondent accounts with the NBU r ...

ICUDailyInsight-20160915.pdf  (711.6kb)