Liquidity high due to inflows



19 січня 2015 года
ICU

Broader banking sector liquidity rose UAH1.07bn to UAH59.70bn last Saturday (a business day in Ukraine) as banks' correspondent accounts with the NBU increased UAH2.06bn to UAH33.26bn and total CDs outstanding fell UAH0.98bn to UAH20.63bn. Total local currency debt repayments scheduled for the next 30 days remained steady at UAH5.81bn that day.

Investment implications: The NBU purchased UAH2.76bn of government bonds last Friday, while total bonds outstanding rose UAH2.51bn after last Friday's primary auction (see comment below). The NBU injected just UAH0.25bn of finds along with UAH0.14bn of ON loans. Without these inflows, liquidity would have declined last Thursday due to MoF absorption of UAH2.51bn.

Источник: ICU

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