Liquidity continues to increase

Liquidity continues to increase



17 березня 2015 года
ICU

Broader banking sector liquidity hit the monthly record high yesterday, up UAH0.89bn to UAH61.42bn, as banks' correspondent accounts with the NBU rose UAH0.73bn to UAH32.38bn (this month's high) and total CDs outstanding increased a mere UAH0.16bn to UAH19.35bn. Total local currency debt repayments scheduled for the next 30 days remained steady at UAH9.68bn. KyivPrime interest rates significantly rose: the KyivPrime ON interest rate was up 55bp to 23.80% and the KyivPrime 1M interest rate increased 140bp to 28.40% after having held steady at 27.00% since March 4, 2015.

Investment implications: The NBU issued no additional loans, refinanced mostly all of its ON loans, and purchased no new bonds for its portfolio. Only FX market purchase could have an impact on liquidity, as the NBU appears to have done last Friday.

Источник: ICU

Другие обзоры облигаций от ICU


Компании

все компании