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ICU
Research Team ...
  • Taras Kotovych

Bond Market Insight -- FX bills preferred over local currency

At yesterday's primary auction, the largest part of funds borrowed was in FX-denominated bills, which doesn't happen often. The preference of FX-denominated bills likely was caused by the refinancing of repayments, and low demand from foreign investors.

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Research Team

Taras Kotovych

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