27 October 2014 Market Reviews

Daily Insight

Pro-democracy and pro-EU agenda wins

Yesterday's Parliamentary election late night exit poll results (see table below) revealed a win for the pro-democracy, pro-EU and pro-reforms majority. The fact that all exit poll results are quite s ...

ICUDailyInsight-20141027.pdf  (689.7kb)

24 October 2014 Market Reviews

Daily Insight

Weak ruble raises hryvnia's TWI

The Russian ruble declined significantly yesterday after midday news that the Russian central bank sold US$1bn within a few hours to defend the currency. In Russia, depositors have been questioning th ...

ICUDailyInsight-20141024.pdf  (777.9kb)

23 October 2014 Market Reviews

Daily Insight

Metinvest announces 1H14 results

In its unaudited 1H14 results announcement on Tuesday, Metinvest reported revenues down 8% YoY to US$6bn while EBITDA increased 29% YoY to US$1.6bn and net income up 46% YoY to US$653m. The company re ...

ICUDailyInsight-20141023.pdf  (807kb)

22 October 2014 Market Reviews

Daily Insight

Primary auction cancelled

After a slight change to its scheduled offerings at yesterday’s auction, the MoF received no bids for the 12-month bond (that sold two weeks ago), the 10-year bonds (that sold three times earlier this ...

ICUDailyInsight-20141022.pdf  (726.7kb)

22 October 2014 Market Reviews

Bond Market Insight

Отсутствие спроса

После существенных привлечений средств на протяжении предыдущих 10 дней, вчерашний аукцион оценивался как продолжение тенденции привлечения значительных объёмов финансирования, но частично придерживая ...

ICUDebtInsight-20141022-Rus.pdf  (431.7kb)

22 October 2014 Market Reviews

Bond Market Insight

Auction cancelled on no demand

After UAH5.0bn in borrowings made over the past ten days, yesterday's primary auction attracted no demand and was cancelled. The auction included three bonds: a 12-month bond that sold two we ...

ICUDebtInsight-20141022.pdf  (283.3kb)

21 October 2014 Market Reviews

Daily Insight

Another tricky day in Donetsk

Following yesterday's explosion that occurred near a chemical plant in Donetsk that was widely disseminated by social media, only later in the day did the leader of the pro-Kremlin militants announce ...

ICUDailyInsight-20141021.pdf  (722.8kb)

20 October 2014 Market Reviews

Daily Insight

Liquidity declines

Broader banking sector liquidity fell significantly last Friday despite NBU support. Banks' correspondent accounts with the NBU fell UAH1.44bn to UAH29.76bn and total CDs outstanding fell UAH2.53bn to ...

ICUDailyInsight-20141020.pdf  (677.5kb)