Report
ICU
Research Team

Bond Market Insight -- Proceeds down

Despite UAH5.6bn of debt repayments scheduled for today, including UAH1.0bn to the NBU, demand at yesterday's primary auction was low, slightly above UAH1.5bn. As expected, bondholders scheduled to receive today's payments mostly postponed purchases of new bonds in anticipation of the NBU's key policy rate decision tomorrow. The budget will receive only UAH0.99bn, nearly UAH0.19bn less than a week ago.

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