Banks' liquidity reallocated



30 жовтня 2015 года
ICU

Banks' correspondent accounts with the NBU declined UAH1.27bn to UAH21.23bn yesterday as total CDs outstanding rose UAH1.76bn to UAH68.10bn. As a result, banking sector liquidity rose a mere UAH0.48bn to UAH89.33bn.

Investment implications: Banks purchased long-term CDs with redemption at the end of November 2015 and January 2016. The NBU offers these CDs once per week on Wednesdays. This week, the NBU sold UAH0.99bn of 30-day CDs and UAH2.0bn of 3-month CDs, increasing outstanding CDs with redemption next year to UAH5.0bn. Liquidity invested in CDs is mostly concentrated with maturity in November and a small portion of CDs maturing in December and next year. Also, a significant portion is invested in ON CDs, UAH8.71bn of which was placed this Wednesday, a lower volume than was sold two days before.

Источник: ICU

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