ICU - Bond Market Insight -- Competition for short-term bills

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ICU

Research Team

Bond Market Insight -- Competition for short-term bills

In an effort to repeat its success with 1.5-year bills last week, yesterday, the MoF offered two-year and three-year bills. However, this week, demand was concentrated in the short-term maturities with redemptions this year. Out of UAH4.6bn of demand, only UAH1bn was for longer maturities; almost UAH3.6bn was for short-term bills.

17/06/2020 5 EN

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ICU

ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.

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Analysts

Research Team

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Bond Market Insight -- Competition for short-term bills

Bond Market Insight -- Bond market waits for NBU to cut rates

Macro Update -- Macro Risks Remain Manageable

Weekly Insight -- NBU does not prevent hryvnia weakening

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