11 August 2015 Market Reviews

Daily Insight

Regulatory capital drops 1.0ppt in July

The NBU reported that total regulatory capital decreased in July 2015 by 10.7%, or UAH 11.7bn. As the average regulatory capital adequacy ratio has dropped from 9.03% to 8.03%, we view such a decline ...

ICUDailyInsight-20150811.pdf  (668.5kb)

10 August 2015 Market Reviews

Daily Insight

PM Yatsenyuk considers changes to his cabinet

In preparation for the political developments that begin to unravel actively beginning in September, PM Yatsenyuk, in an effort to improve his public approval rating that has been severely damaged by ...

ICUDailyInsight-20150810.pdf  (727kb)

7 August 2015 Market Reviews

Daily Insight

Hryvnia's dual appreciation

The hryvnia gained 1.43% in the local market yesterday per Bloomberg data as authorities via state banks appeared to limit FX purchase orders, a capital control that bolstered the currency's value. Th ...

ICUDailyInsight-20150807.pdf  (674.4kb)

6 August 2015 Market Reviews

Daily Insight

NBU reports monthly increase in FX reserves

In its monthly report on rebuilding FX reserves released yesterday, the NBU confirmed that reserves rose again over the past month, up ...

ICUDailyInsight-20150806.pdf  (675.4kb)

5 August 2015 Market Reviews

Daily Insight

UAH stable as global markets recover

Although the hryvnia was fairly stable yesterday, closing unchanged from the previous day at 21.7/USD per the NBU weighted average intraday rate, local dealers' quotes showed a slight recovery in the ...

ICUDailyInsight-20150805.pdf  (673.7kb)

5 August 2015 Market Reviews

Daily Insight

UAH stable as global markets recover

Although the hryvnia was fairly stable yesterday, closing unchanged from the previous day at 21.7/USD per the NBU weighted average intraday rate, local dealers' quotes showed a slight recovery in the ...

ICUDailyInsight-20150805.pdf  (673.7kb)

4 August 2015 Market Reviews

Daily Insight

Oschadbank’s bondholders approve restructuring

As we anticipated, Oschadbank's bondholders approved the proposed restructuring of the bank's outstanding 2016 US$700m and 2018 US$500m loans. For the OSCHAD 2016 US$700m loan, the interest rate will ...

ICUDailyInsight-20150804.pdf  (734.6kb)

4 August 2015 Market Reviews

Daily Insight

Oschadbank’s bondholders approve restructuring

As we anticipated, Oschadbank's bondholders approved the proposed restructuring of the bank's outstanding 2016 US$700m and 2018 US$500m loans. For the OSCHAD 2016 US$700m loan, the interest rate will ...

ICUDailyInsight-20150804.pdf  (734.6kb)