Interest rates decline

Interest rates decline



11 травня 2016 года
ICU

After the decline which began two weeks ago following the NBU decrease of its key interest rate, primary bond market rates continued to decline yesterday. The cut-off rate for the 2-year bond was cut 180bp to 17.90% while that for the 12-month bond declined 100bp to 17.50%. As a result, the MoF attracted only UAH0.71bn of proceeds, down significantly from volumes raised two weeks ago. However, as investors prefer higher rates for longer maturities, we could see higher demand and interest rates down by a slight 10-20bp at next week's scheduled 3-year bond offering.

Источник: ICU

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