2 July 2014 Market Reviews

Daily Insight

Update on Donbass; Liquidity and YTMs up on volatility; July Auction schedule; UAH's TWI declines

Broader banking sector liquidity rose UAH0.66bn to UAH42.80bn due only to a UAH1.99bn increase in total local currency debt repayments scheduled for the next 30 days to UAH5.53bn yesterday. While bank...

ICUDailyInsight-20140702.pdf  (805.7kb)

1 July 2014 Market Reviews

Daily Insight

Donbass fighting continues; Liquidity stable; Yields rise; UAH steady, TWI up

Following the conclusion of the cease-fire last night, President Poroshenko resumed anti-terrorist operations that were suspended nearly a week ago for the agreed upon peace talks. During the cease fi...

ICUDailyInsight-20140701.pdf  (663.1kb)

27 June 2014 Market Reviews

Daily Insight

Liquidity mostly flat; Eurobonds slightly volatile; UAH up slightly

After the MoF repaid UAH1.00bn in local currency yesterday, total local currency debt repayments scheduled for the next 30 days fell to UAH3.54bn. As these repayments were not used for outflows, broad...

ICUDailyInsight-20140627.pdf  (745.6kb)

26 June 2014 Market Reviews

Daily Insight

Peace talks unfold; Liquidity down; Eurobonds correct slightly; UAH pegged at 12/USD

Banks’ correspondent accounts with the NBU declined UAH1.86bn to UAH25.86bn following Tuesday’s primary auction. With UAH1.00bn was invested in new CDs, total CDs outstanding increased to UAH11.53bn, ...

ICUDailyInsight-20140626.pdf  (795kb)

25 June 2014 Market Reviews

Daily Insight

Liquidity recovers slightly; Eurobonds rebound; Putin responds to peace plan; UAH held at 12/USD

Broader banking sector liquidity rose UAH1.24bn to UAH42.78bn as the NBU increased total CDs outstanding by UAH1.83bn to UAH10.53bn while banks’ correspondent accounts with the NBU declined UAH1.13bn ...

ICUDailyInsight-20140625.pdf  (796.2kb)

24 June 2014 Market Reviews

Daily Insight

Liquidity reallocation; Eurobonds steady; Services sector extends decline; UAH appears staked to 12/USD

Banks’ correspondent accounts with the NBU rose UAH0.90bn to UAH28.84bn while total CDs outstanding declined UAH0.68bn to UAH8.70bn and total local currency debt repayments scheduled for the next 30 d...

ICUDailyInsight-20140624.pdf  (791.2kb)

23 June 2014 Market Reviews

Daily Insight

Liquidity falls further; Eurobonds stabilize; VAT bonds set at UAH7bn; UAH remains fixed at 12/USD

Broader banking sector liquidity continued to decline last Friday, down UAH0.39bn to UAH41.33bn as banks’ correspondent accounts with the NBU increased UAH0.82bn to UAH27.94bn while total CDs outstand...

ICUDailyInsight-20140623.pdf  (775.5kb)

20 June 2014 Market Reviews

Daily Insight

Liquidity down; Yields spike on rumors

Although the MoF refinanced only a small portion of debt repayments scheduled for Wednesday, liquidity declined as funds were reallocated from banks’ accounts with the NBU to CDs. Broader banking sect...

ICUDailyInsight-20140620.pdf  (744kb)