Bonds: Liquidity continues to recover



23 жовтня 2014 года
ICU

Broader banking sector liquidity continued to recover yesterday, up UAH1.44bn to UAH48.58bn as banks' correspondent accounts with the NBU rose UAH0.45bn to UAH29.51bn while total CDs outstanding rose UAH0.98bn to UAH12.68bn and total local currency debt repayments scheduled for the next 30 days remained steady at UAH6.40bn. KyivPrime interest rates remained steady as the KyivPrime ON interest rate stayed at 9.60% and the KyivPrime 1M interest rate held firm at 16.00%.

Investment implications: Once more liquidity slightly rose without any support from the NBU, while the NBU continued to absorb liquidity and increased the volume of CDs outstanding. The source of this increase could be the MoF's increase in budget expenditures using recently raised budget proceeds.

Источник: ICU

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