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ICU
Research Team

Bond Market Insight -- Cost of borrowing increases

After the NBU increased the key rate by 50bp to 17.5%, the Ministry of Finance had to increase cut-off rates at the primary auction yesterday, which, once again, increased the cost of budget financing. For three-month and six-month bills, rates were increased by 60bp, and for 12-month and three-year instruments by 45bp and 55bp, respectively.

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ICU
ICU

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

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