16 January 2015 Market Reviews

Bond Market Insight

Successful auction

Yesterday’s unscheduled primary auction not only covered Wednesday’s debt repayments but also provided additional funds. Following Tuesday’s rejected demand for 6-month bonds at rates of 19-20%, the M ...

ICUDebtInsight-20150116.pdf  (346.1kb)

16 January 2015 Market Reviews

Bond Market Insight

Краткосрочное финансирование

Сегодня Минфин провёл ещё один аукцион, который не предусматривался в изначальном графике размещений ОВГЗ, и предложил рынку те же самые облигации, что были размещены вчера. Это облигации с погашением ...

ICUDebtInsight-20150116-Rus.pdf  (428.5kb)

15 January 2015 Market Reviews

Daily Insight

Kremlin mulls early Eurobond repayment

Yesterday, Russian top officials considered exercising the early repayment option of the US$3bn two-year Eurobond. Although the famous bond –in that it was issued under the administration of kleptocra ...

ICUDailyInsight-20150115.pdf  (740.2kb)

15 January 2015 Market Reviews

Bond Market Insight

Первое успешное размещение

Внеплановый аукцион, который Минфин провёл сегодня, принёс существенные поступления в бюджет, которые не только компенсировали бюджету расходы на вчерашние выплаты по внутреннему долгу, но и пополнили ...

ICUDebtInsight-20150115-Rus.pdf  (426.8kb)

14 January 2015 Market Reviews

Daily Insight

Volnovaha tragedy, new wave of mobilization

At a Ukrainian military checkpoint near the town of Volnovaha in Donetsk oblast, pro-Kremlin militants fired rockets at a passenger bus, killing eleven civilians and seriously wounding eighteen others ...

ICUDailyInsight-20150114.pdf  (763kb)

14 January 2015 Market Reviews

Bond Market Insight

Спрос был отклонён

Второй аукцион в этом году предлагал рынку набор инструментов, близкий к первому, с заменой 3-месячных облигаций на полугодовые, но с сохранением предложения 2-летних и 5-летних облигаций. Завершение ...

ICUDebtInsight-20150114-Rus.pdf  (418.4kb)

14 January 2015 Market Reviews

Bond Market Insight

MoF rejects high rates

Following the holiday break, the MoF yesterday held the second primary auction this year, offering a similar set of bonds as it replaced only the 3-month with a 6-month maturity and continued with the ...

ICUDebtInsight-20150114.pdf  (337.6kb)

13 January 2015 Market Reviews

Daily Insight

FX reserves hit new low

Broader banking sector liquidity rose UAH0.71bn to UAH31.23bn yesterday, a record high since the beginning of October 2014. Funds were slightly reallocated as banks’ correspondent accounts with the NB ...

ICUDailyInsight-20150113.pdf  (785.2kb)