12 березня 2015
Market Reviews
Daily Insight
IMF approves US$17bn 4-year program
The IMF approved the new four-year US$17bn financial assistance program yesterday. Donors are expected to contribute alongside private lenders involved in the Eurobond debt restructuring. With restruc ...
ICUDailyInsight-20150312.pdf (770.6kb)
11 березня 2015
Market Reviews
Daily Insight
UAH strengthens ahead of IMF meeting
Yesterday, Ukraine's eurobonds rallied in anticipation of the IMF decision to issue US$4-5bn in EFF funds by the end of this week. The hryvnia strengthened from about 25-27/USD last week toward ___/US ...
ICUDailyInsight-20150311.pdf (783.4kb)
11 березня 2015
Market Reviews
Bond Market Insight
Auction of 2-year bonds fails
Yesterday’s auction failed yet again as the MoF offered 2-year local currency bonds for the second consecutive week. Consequently, the MoF will have to use budget revenues to fulfil domestic debt repa ...
ICUDebtInsight-20150311.pdf (333.2kb)
10 березня 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 березня 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 березня 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 березня 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 березня 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)