24 March 2016
Market Reviews
Daily Insight
Auction schedule for 2Q16
The MoF published its 2Q16 auction schedule and slightly changed its policy at the primary market. In 1Q16, the MoF held auctions twice weekly with strict limits for bonds offered on Tuesdays. For 2Q1 ...
ICUDailyInsight-20160324.pdf (770.9kb)
24 March 2016
Market Reviews
Bond Market Insight
All bids accepted
Auctions of mid-term bond offerings are more active than those of zero-coupon short-term bonds, as the 19.5-20.0% rates on the 1.5-year to 3.0-year bonds are much higher than those for zero-coupon bon ...
ICUDebtInsight-20160324.pdf (292.2kb)
23 March 2016
Market Reviews
Daily Insight
Liquidity down slightly
Banking sector liquidity declined slightly after a few days of recovering, down UAH0.61bn to UAH97.57bn, with a significant reallocation from banks’ accounts to CDs. Banks’ correspondent accounts with ...
ICUDailyInsight-20160323.pdf (777.8kb)
23 March 2016
Market Reviews
Bond Market Insight
Bonds sold inside the limit
After restarting primary auctions in January, the MoF established the limits for each local currency bond offered every Tuesday during January and February at UAH100m and during March at UAH50m. Howev ...
ICUDebtInsight-20160323.pdf (292.1kb)
23 March 2016
Market Reviews
Bond Market Insight
Минфин удовлетворил весь спрос
Размещения среднесрочных облигаций проходят привычно с немного большим количеством заявок и объёмом спроса, чем краткосрочные ОВГЗ, что, скорее всего, связано с более высоким уровнем их доходности, че ...
ICUDebtInsight-20160323-Rus.pdf (459.8kb)
22 March 2016
Market Reviews
Daily Insight
Liquidity concentrates at banks’ accounts
Over the past two days, liquidity was reallocated to banks’ correspondent accounts, up UAH2.00bn to UAH42.02bn yesterday, while total CDs outstanding declined UAH1.77bn to UAH56.16bn. As a result, ba ...
ICUDailyInsight-20160322.pdf (772.2kb)
22 March 2016
Market Reviews
Bond Market Insight
ОВГЗ проданы в рамках лимита
Возобновляя первичные размещения Минфин определил что в январе и феврале объёмы размещений по вторникам будут ограничены на уровне 100 млн гривень, а в марте в сумме 50 млн гривень. Однако, только в н ...
ICUDebtInsight-20160322-Rus.pdf (459.2kb)
21 March 2016
Market Reviews
Daily Insight
Liquidity reallocation
This week, liquidity is likely to decline further and reallocations should continue, albeit briefly, as month-end tax payments begin. The accumulation of funds for tax payments could cause liquidity t ...
ICUDailyInsight-20160321.pdf (673.5kb)