30 April 2014 Market Reviews

Daily Insight

Ukraine-Russia stand-off takes a bitter turn; Liquidity up; Yields up; Auction results; UAH held steady

Broader banking sector liquidity rose UAH2.46bn to UAH46.66bn yesterday as banks’ correspondent accounts with the NBU increased UAH1.90bn to UAH31.87bn and total local currency debt repayments schedul...

ICUDailyInsight-20140430.pdf  (800.5kb)

29 April 2014 Market Reviews

Daily Insight

Liquidity reallocation; Yields increase; Primary auction change; UAH down

Last Friday’s cash flows caused a slight decline in yesterday’s liquidity indicators with a slight reallocation of funds. Broader banking sector liquidity slid UAH0.14bn to UAH44.20bn as banks’ corres...

ICUDailyInsight-20140429.pdf  (794.1kb)

28 April 2014 Market Reviews

Daily Insight

Liquidity up; Yields increase; Primary auction announcement; Hryvnia steady again

After falling significantly on Thursday, last Friday banking sector liquidity slightly recovered as it received new inflows from the NBU. Broader banking sector liquidity rose UAH1.67bn to UAH44.34bn ...

ICUDailyInsight-20140428.pdf  (796kb)

25 April 2014 Market Reviews

Daily Insight

Putin comments: Sanctions desired; Liquidity down significantly; Yields up; UAH holds steady

Broader banking sector liquidity fell UAH2.27bn to UAH42.66bn after banks’ correspondent accounts with the NBU declined UAH1.87bn to UAH28.56bn yesterday while total CDs outstanding rose UAH1.02bn to ...

ICUDailyInsight-20140425.pdf  (798.3kb)

24 April 2014 Market Reviews

Daily Insight

IMF backs US$17bn lending program; Liquidity down; Unscheduled primary auction; UAH trading less volatile

Despite ongoing geopolitical tension between Ukraine and Russia, volatility did not prevail as the UAH slid/rose __% to close at __/USD on US$__bn of trading. The hryvnia's real TWI added/lost __%. Th...

ICUDailyInsight-20140424.pdf  (794.2kb)

23 April 2014 Market Reviews

Daily Insight

Biden's visit to Kiev; Liquidity up; YTMs diverge; UAH drops sizably

In his address to the Duma (Russia's legislature) yesterday, PM Medvedev reported Russia's 2013 performance results. While Russian media reported that Putin reviewed the results with Medvedev several ...

ICUDailyInsight-20140423.pdf  (767.1kb)

22 April 2014 Market Reviews

Daily Insight

Geneva agreement; Ferrexpo’s 1Q14 interim statement; new primary auction announced

Banks’ correspondent accounts with the NBU rose UAH1.29bn to UAH31.47bn yesterday while total CDs outstanding slid only UAH0.08bn to UAH8.02bn, causing broader banking sector liquidity to rise UAH1.21...

ICUDailyInsight-20140422.pdf  (693.7kb)

18 April 2014 Market Reviews

Daily Insight

Geneva diplomatic talks; Nadra Bank profits from devaluation; Liquidity down; YTMs decline; UAH up

Nadra Bank has routinely violated the NBU FX position requirement of the FX position of having a significantly higher amount of USD denominated assets than USD liabilities. According to our estimates,...

ICUDailyInsight-20140418.pdf  (610.8kb)