7 February 2014 Market Reviews

Daily Insight

Liquidity down; YTMs up; Failed unscheduled auction; UAH improves

The MoF held an unscheduled auction offering two bonds with 2.5-month and 5-year maturities. The auction attracted no demand despite even though it could have received support from the NBU under domes...

ICUDailyInsight-20140207.pdf  (794.3kb)

6 February 2014 Market Reviews

Daily Insight

Liquidity stable on fund reallocations; YTMs rise; UAH down further as NBU steps in

Broader banking sector liquidity remained rather stable yesterday, rising a mere UAH0.02bn to UAH32.18bn. Banks’ correspondent accounts with the NBU rose UAH0.72bn to UAH23.87bn while total CDs outsta...

ICUDailyInsight-20140206.pdf  (794kb)

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)