ICU - Bond Market Insight -- FX-denominated bills make a comeback

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ICU

Research Team

Bond Market Insight -- FX-denominated bills make a comeback

Last week's decline in demand motivated the MoF to return to the primary auctions with FX-denominated bills. Yesterday's proceeds will used to both refinance part of recent FX-denominated debt repayments, and also to increase budget financing. This decision allowed an increase in borrowings to UAH9.2bn, including UAH5bn in hard currency.

12/02/2020 5 EN

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ICU

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Bond Market Insight -- FX-denominated bills make a comeback

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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