Primary auction announcement

Primary auction announcement



3 лютого 2015 года
ICU

In preparation for large FX debt repayments scheduled for next week, the MoF will offer 48-day USD-denominated bonds, in addition to 2-year and 5-year local currency bonds, today. Funds in FX from this auction will be received on Thursday and replenish the MoF's FX reserves.

Investment implications: While local currency bonds should receive domestic QE support, FX-denominated bonds will see specific demand to refinance FX-denominated domestic debt repayments.

Источник: ICU

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