Liquidity increases insufficiently

Liquidity increases insufficiently



16 березня 2015 года
ICU

Banks' correspondent accounts with the NBU rose UAH0.90bn to UAH31.65bn while total CDs outstanding declined UAH0.42bn to UAH19.20bn last Friday. As total local currency debt repayments scheduled for the next 30 days remained steady at UAH9.68bn, broader banking sector liquidity slightly rose UAH0.48bn to UAH60.53bn at the end of last week KyivPrime interest rates slightly diverged: the KyivPrime ON interest rate slid 15bp to 23.25% while the KyivPrime 1M interest rate remained steady at 27.00%.

Investment implications: With no support, liquidity remained steady with little increase. The reallocation of funds from CDs to banks' accounts provided a slightly larger increase in liquidity, but the NBU decreased the volume of its ON loans.

Источник: ICU

Другие обзоры облигаций от ICU


Компании

все компании