Primary auction results



6 апреля 2016 года
ICU

At the first auction in 2Q16, the MoF received UAH1.31bn of proceeds in local currency and US$0.65bn in US dollars. This auction's result is significantly large, as in 1Q16 the MoF received UAH1.85bn and US$0.92bn, respectively, as a total for the full quarter from all auctions that occurred.

Investment implications: Large demand and significant proceeds likely were supported by state-owned banks (for liquidity) as much as by banks providing social and other payments from state budget, particularly for their portfolios to be compliant with new requirements in one month.

Источник: ICU



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