6 липня 2016
Market Reviews
Bond Market Insight
Non-competitive bids dominate
After the NBU decreased its key interest rate at the end of June, with even lower interest rates at the auction being uncertain, investor demand at yesterday's auction was tepid at best. It appears th ...
ICUDebtInsight-20160706.pdf (346.4kb)
5 липня 2016
Market Reviews
Daily Insight
Auction schedule update
The MoF updated its auctions schedule yesterday as it replaced some offerings of 3-year bonds with 5-year bonds which will be offered in 3Q16 four times. 5-year bonds were sold twice this year in June ...
ICUDailyInsight-20160705.pdf (651.4kb)
5 липня 2016
Market Reviews
Bond Market Insight
Неконкурентный спрос преобладает
Участники первичного рынка ОВГЗ осторожно отнеслись к потенциальному снижению ставок, которое ожидалось после снижения НБУ учётной ставки в конце июня. Многие из них не решились подавать конкурентные ...
ICUDebtInsight-20160705-Rus.pdf (466.4kb)
4 липня 2016
Market Reviews
Daily Insight
Liquidity stable
July started with UAH94.78bn of banking sector liquidity, down UAH0.32bn from the day before as it recovered UAH0.31bn to UAH95.09bn on Saturday. At the same time, liquidity remained concentrated in C ...
ICUDailyInsight-20160704.pdf (607.2kb)
1 липня 2016
Market Reviews
Daily Insight
What Brexit means for Ukraine's economy
Only a few days after the UK's national referendum on its EU membership, referred to as the Brexit, as a slim majority voted in favor of departing, there is a great deal of market and media guessing a ...
ICUDailyInsight-20160701.pdf (925.9kb)
30 червня 2016
Market Reviews
Daily Insight
Resilience in the wake of Brexit
Following last week's calamitous Brexit decision, Ukraine's FX market has been relatively calm. We believe that this is the result of a combination of factors, including the the ongoing tight capital ...
ICUDailyInsight-20160630.pdf (660.5kb)
23 червня 2016
Market Reviews
Daily Insight
Primary auction schedule
At the end of last week, the MoF published its primary auction schedule for 3Q16. It is similar to 2Q16 schedule except that 3-month and 5-year bonds will be excluded. Most likely because they attract ...
ICUDailyInsight-20160623.pdf (760.3kb)
22 червня 2016
Market Reviews
Daily Insight
Liquidity slightly volatile
Following its recovery to above UAH100bn, slight volatility endures as banking sector liquidity slid UAH0.88bn to UAH101.41bn as funds were reallocated to banks’ accounts, Total CDs outstanding declin ...
ICUDailyInsight-20160622.pdf (722.1kb)