Market Surveys

5 February 2014 Market Reviews

Daily Insight

Liquidity declines on absorption; YTMs down; UAH falls further

Broader banking sector liquidity slid UAH0.32bn to UAH32.15bn yesterday as funds were reallocated. Banks’ correspondent accounts with the NBU fell UAH1.51bn to UAH23.15bn while total CDs outstanding r...

ICUDailyInsight-20140205.pdf  (751.3kb)

4 February 2014 Market Reviews

Daily Insight

Liquidity recovers slightly; YTMs down on US news; UAH falls further

After declining for four days, broader banking sector liquidity slightly rose UAH1.04bn to UAH32.47bn, up 3.31% yesterday, as banks’ correspondent accounts with the NBU increased UAH1.36bn to UAH24.66...

ICUDailyInsight-20140204.pdf  (807kb)

3 February 2014 Market Reviews

Daily Insight

Political crisis update; Metinvest steel output in 2013; new bond auction details

Following the downgrade of the sovereign rating, Standard and Poor’s has changed the credit ratings of all three banks it cooperates with in Ukraine. The credit ratings of Privatbank, Alfa Bank and Kr...

ICUDailyInsight-20140203.pdf  (842.5kb)

31 January 2014 Market Reviews

Daily Insight

Bank earnings announcements; Liquidity low; YTMs rise to new highs; NBU intervenes in UAH

Brokbusinessbank increased its share capital from UAH2.5bn in 3Q13 to UAH14.1bn in 4Q14. Simultaneously it received UAH2.3bn of subordinated debt which led to the equity-to-assets ratio of 50.1%, the ...

ICUDailyInsight-20140131.pdf  (839.6kb)

30 January 2014 Market Reviews

Daily Insight

Liquidity down; Yields up; Auction results; NBU intervenes to stabilize UAH; Banks news

After the rebound on Tuesday triggered by the administration’s steps to resolve the political crisis yesterday, YTMs rose after the S&P downgraded Ukraine’s FX rating to CCC+ with a negative outlook o...

ICUDailyInsight-20140130.pdf  (842.9kb)

29 January 2014 Market Reviews

Daily Insight

Liquidity falls; Liquidity down further; Primary auction fails; Debt burden up; NBU intervenes

Negotiations between incumbent president Yanukovych and the opposition yielded the first concessions from the ruling administration. First, PM Azarov tendered his resignation, which Yanukovych accepte...

ICUDailyInsight-20140129.pdf  (887.2kb)

28 January 2014 Market Reviews

Daily Insight

Liquidity stable; Yields above 10%; Primary auction announcement; UAH hits new low

Banks’ correspondent accounts with the NBU rose UAH0.81bn to UAH28.83bn while total CDs outstanding declined UAH0.78bn to UAH5.79bn. As total local currency debt repayments scheduled for the next 30 d...

ICUDailyInsight-20140128.pdf  (802.7kb)

27 January 2014 Market Reviews

Daily Insight

Liquidity falls further; Yields above 9.0%; UAH moves higher

Broader banking sector liquidity significantly fell UAH2.88bn to UAH42.45bn last Friday as total CDs outstanding slid UAH1.29bn to UAH6.57bn while banks’ correspondent accounts with the NBU declined U...

ICUDailyInsight-20140127.pdf  (755.7kb)