10 March 2015
Market Reviews
Daily Insight
UAH weakened by accelerated inflation
Inflation in February accelerated more rapidly following last month’s extreme devaluation. Headline CPI was up 5.3% from the previous month and 34.5% year-on-year. The run on currency was the key driv ...
ICUDailyInsight-20150310.pdf (687.2kb)
10 March 2015
Market Reviews
Bond Market Insight
Спрос снова отсутствовал
Вторую неделю подряд Минфин предлагает 2-летние гривневые ОВГЗ, которые не привлекают даже минимальный спрос, и аукционы приходится отменять. Как результат, Минфину необходимо использовать налоговые п ...
ICUDebtInsight-20150310-Rus.pdf (513.8kb)
6 March 2015
Market Reviews
Daily Insight
Liquidity reallocation and increase
Wednesday’s cash flows caused a reallocation of funds between indicators that caused them to rise insufficiently. Banks’ correspondent accounts with the NBU fell UAH4.62bn to UAH26.18bn yesterday whil ...
ICUDailyInsight-20150306.pdf (774.9kb)
5 March 2015
Market Reviews
Daily Insight
City of Kiev to restructure bonds
The City of Kyiv council adopted a revision of the city’s budget to restructure debt, including loans and external borrowings. The City of Kiev was granted an exception to the State budget code regard ...
ICUDailyInsight-20150305.pdf (731.5kb)
4 March 2015
Market Reviews
Daily Insight
Monetary policy tightens
Yesterday, the NBU announced a series of measures to alleviate the devaluation expectations that had proliferated to the extent that it caused last week’s currency crash. First, the bank raised its ke ...
ICUDailyInsight-20150304.pdf (790.6kb)
4 March 2015
Market Reviews
Bond Market Insight
No demand for new local currency bonds
Yesterday, the MoF offered only one local currency bond with a 2-year maturity which successfully raised a total of UAH42.50m earlier this year. Most likely because of the recently adopted new NBU reg ...
ICUDebtInsight-20150304.pdf (331.3kb)
3 March 2015
Market Reviews
Daily Insight
MPs adopt laws required by the IMF
Parliament worked late hours yesterday to adopt a number of laws required to obtain IMF funding later this month. These included legislation on Naftogas, the state pension fund, and the state budget. ...
ICUDailyInsight-20150303.pdf (734.1kb)
3 March 2015
Market Reviews
Bond Market Insight
Рынку не интересны новые ОВГЗ
Сегодня Минфин предлагал единственную гривневую облигацию со сроком обращения немногим менее двух лет. Ранее Минфин разместил за несколько аукционов 42.50 млн гривень этих облигаций. Однако сегодня сп ...
ICUDebtInsight-20150303-Rus.pdf (415.5kb)