Liquidity at UAH100bn

11 мая 2016 года

Banking sector liquidity declined UAH1.66bn to UAH100.31bn. Although the level is above UAH100bn, it could decline below this level as liquidity usually declines at the end of the first week of the month. As banks' correspondent accounts with the NBU rose UAH2.16bn to UAH36.56bn while total CDs outstanding fell UAH3.81bn to UAH63.75bn yesterday, the decline in liquidity resulted from the slight reallocation of funds.

Investment implications: Although today's indicators could also show a decline, most likely liquidity will recover slightly and remain above UAH100bn. The recent volatility appears to be a result of extended weekends and an abnormal concentration of payments. We expect liquidity to stabilize and recover this week.

Источник: ICU

Другие обзоры облигаций от ICU


все компании