Bond Market Insight -- Partial refinancing
​Yesterday's demand at the auction was insufficient and amounted to UAH234.4m (par value), which is four times less than the average demand at auctions this year. The MoF received only three bids yesterday, one for 2-year and two for 3-year bonds. Total demand was UAH55m lower than today's principal repayments, excluding payments to the NBU. In sum, a large part of today's market debt repayments were refinanced.
ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.
More information about ICU you can find at https://www.icu.ua/
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.