8 February 2016 Market Reviews

Daily Insight

Primary auction announcement

The MoF updated its primary auction schedule, added 3-month bond offerings in February, and will offer today five local currency bonds with maturities from 91 days to 1.5-years. There will be primary ...

ICUDailyInsight-20160208.pdf  (678.3kb)

5 February 2016 Market Reviews

Daily Insight

Banks prefer longer term CDs

Banking sector liquidity remains steady, up UAH0.49bn to UAH119.27bn yesterday. Banks' correspondent accounts with the NBU rose UAH0.21bn to UAH38.55bn while total CDs outstanding was up UAH0.28bn to ...

ICUDailyInsight-20160205.pdf  (676.1kb)

4 February 2016 Market Reviews

Daily Insight

Liquidity down slightly

Liquidity once more was reallocated to CDs as banks' correspondent accounts with the NBU declined UAH0.98bn to UAH38.33bn while total CDs outstanding rose UAH0.73bn to UAH80.45bn yesterday. Banking se ...

ICUDailyInsight-20160204.pdf  (672.6kb)

4 February 2016 Market Reviews

Bond Market Insight

MoF places local currency bonds

Although we did not anticipate significant demand for the 2-year local currency bonds at yesterday's auction just following Tuesday's high volume of FX-denominated bonds seen on Tuesday, we saw UAH506 ...

ICUDebtInsight-20160204.pdf  (293.2kb)

3 February 2016 Market Reviews

Daily Insight

Liquidity reallocated to CDs

Banking sector liquidity remained steady yesterday, down only UAH0.01bn to UAH119.03bn, with a significant reallocation to CDs. Banks' correspondent accounts with the NBU fell UAH3.85bn to UAH39.31bn ...

ICUDailyInsight-20160203.pdf  (673.7kb)

3 February 2016 Market Reviews

Bond Market Insight

Market prefers FX-denominated bonds

The NBU softened FX regulations will end at the beginning of March 2016, and the next auction of FX-denominated bonds is scheduled on 22 March 2016. As yesterday was the last chance to purchase these ...

ICUDebtInsight-20160203.pdf  (296.1kb)

3 February 2016 Market Reviews

Bond Market Insight

Минфин заимствует не только валюту

Существенный спрос на валютные ОВГЗ, который был на вчерашнем размещении, и значительные объёмы размещённых облигаций не предполагали того, что участники рынка подадут заявки в большом количестве и в ...

ICUDebtInsight-20160203-Rus.pdf  (463.4kb)

2 February 2016 Market Reviews

Daily Insight

Primary auction announcement

The MoF will most likely attempt to extend the short-term yield curve, offering a 6-month bond with maturity on 3 August 2016, while supporting the long-term end at today's primary auction. It will al ...

ICUDailyInsight-20160202.pdf  (678.2kb)