11 серпня 2014 Bonds

Bond Market Insight

Government bond auction results: Fourth auction successful with domestic QE support

In an unprecedented week of four consecutive auctions, following two failed auctions on Tuesday and Wednesday, and then an auction that raised minimal proceeds on Thursday, Friday’s auction provided t...

ICUDebtInsight-20140811.pdf  (1.3mb)

11 серпня 2014 Bonds

Bond Market Insight

Weekly review: Market declines fuelled by negative anticipations

The Ukrainian bond market was under the pressure of negative sentiment fuelled by political and economic unrest in Ukraine. The ongoing turmoil in Eastern Ukraine and the mounting risk of a Russian...

ICUDebtInsight-20140811.pdf  (1.3mb)

8 серпня 2014 Bonds

Bond Market Insight

Результаты аукциона по продаже ОВГЗ: финансирование привлечено с третьей попытки

Проводя аукцион в третий раз за неделю, Минфин принял решение изменить предлагаемые инструменты, что дало позитивный результат и на аукціон удалось собрать некоторый рыночный спрос на все предлагаемые...

ICUDebtInsight-20140808-Rus.pdf  (450kb)

8 серпня 2014 Bonds

Bond Market Insight

Government bond auction results: Third attempt succeeds in raising funds

Yesterday’s third auction held this week attracted market demand for all offered bonds, including the 2-year “military” bonds which were offered at a fixed interest rate. Instead of the inter...

ICUDebtInsight-20140808.pdf  (341.4kb)

7 серпня 2014 Bonds

Bond Market Insight

Результаты аукциона по продаже ОВГЗ: вторая безуспешная попытка

Вчера Минфин во второй раз на этой неделе попытался привлечь финансирование, однако и эта попытка оказалась безуспешной. Предложив рынку 2-летние 5-летние облигации, Минфин получил немного больший сп...

ICUDebtInsight-20140807-Rus.pdf  (431.7kb)

7 серпня 2014 Bonds

Bond Market Insight

Government bond auction results: Second failed auction this week

Yesterday’s second primary auction this week failed to raise funds from the 2-year and 5-year bond offerings because of paltry bids. The MoF rejected the two bids submitted for the 2-year bo...

ICUDebtInsight-20140807.pdf  (331.2kb)

6 серпня 2014 Bonds

Bond Market Insight

Government bond auction results: No market demand

The MoF received only one small bid of UAH10.0m (par value) for the 2-year bond at yesterday’s primary auction. Although the interest rate was the routine 16.75% for this maturity, the MoF rejected th...

ICUDebtInsight-20140806.pdf  (333.5kb)

5 серпня 2014 Bonds

Bond Market Insight

Weekly review: New bond offerings, political situation stabilizes

Last week was marked by high volatility. On the one hand, the MoF issued two new domestic bonds, one of military bonds and the other was the second tranche of VAT bonds. On the other hand, the Euro...

ICUDebtInsight-20140805.pdf  (1.3mb)