10 July 2014 Bonds

Bond Market Insight

Government bond auction results: 2-year bond sold at additional unscheduled auction

For the second consecutive week, the MoF held an unscheduled auction to raise funds for debt repayment refinancing. Normally, the 5-year bond at a 14.30% coupon rate is sold at these additional auctio...

ICUDebtInsight-20140710.pdf  (268kb)

10 July 2014 Bonds

Bond Market Insight

VAT bonds: Debut tranche issue

The Cabinet of Ministers resolution #139, adopted on 21 May 2014, requested the MoF and Ministry of Taxation to authorize a debut tranche of VAT bond issuances on Tuesday. They approved on 18 June a c...

ICUDebtInsight-20140710.pdf  (268kb)

9 July 2014 Bonds

Bond Market Insight

Government bond auction results: Moderate market demand at usual interest rates

There were no surprises at yesterday's primary auction as the MoF collected moderate demand, mostly for the short-term bonds and 2-year bond. The 5-year bond attracted no demand or domestic QE support...

ICUDebtInsight-20140709.pdf  (340.6kb)

9 July 2014 Bonds

Bond Market Insight

НДС облигации 2014. Первый транш

Согласно с постановлением Кабинета Министров от 21 мая 2014 года №139, Министерством финансов и Министерством доходов и сборов было осуществлено ряд мероприятий, которые завершились вчера выпуском пер...

ICUDebtInsight-20140709-Rus.pdf  (446.6kb)

9 July 2014 Bonds

Bond Market Insight

Результаты аукциона по продаже ОВГЗ: На внеочередном аукционе размещена новая 2-х летняя ОВГЗ

Вторую неделю подряд Минфин проводит внеочередные размещения сразу после основного планового аукциона. Однако, сегодня на таком аукционе предлагалась уже не 5-летняя облигация с доходностью 14.30%, а ...

ICUDebtInsight-20140709-Rus.pdf  (446.6kb)

8 July 2014 Bonds

Bond Market Insight

Результаты аукциона по продаже ОВГЗ: небольшой спрос по привычным ставкам

Сегодняшний аукцион не принёс особых сюрпризов, собрав небольшой рыночный спрос на наиболее короткие облигации, оставив 5-летнюю облигацию без внимания, и без поддержки спроса отечественным QE. Привле...

ICUDebtInsight-20140708-Rus.pdf  (448.3kb)

7 July 2014 Bonds

Bond Market Insight

Weekly review: No significant movements

Ukrainian markets were more stable last week despite the opportunities for high volatility. Domestic liquidity was high and the MoF attracted some market demand at the primary market, while Eurobon...

ICUDebtInsight-20140707.pdf  (1.2mb)

4 July 2014 Bonds

Bond Market Insight

Government bond auction results: Market demand and yields decline

Three auctions have not been held in one week since May 2013 when sufficient FX funds were required to repay the US$1.0bn UKRAIN 7.65% ’13 redemption. In this instance, however, additional financing w...

ICUDebtInsight-20140704.pdf  (346.5kb)