ICU - Bond Market Insight -- Steep peak in yields continues

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ICU

Research Team

Bond Market Insight -- Steep peak in yields continues

Tuesday's auction, which was two days before the NBU key policy rate revision and a few days after November's reported inflation rate, saw large demand and provided the state budget with a lower cost of financing.

12/12/2019 5 EN

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ICU

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Research Team

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Yesterday's auction received UAH9.4bn of demand, mainly for 12-month bills, but also strong demand for two- and three-year securities. Proceeds for the state budget amounted to almost UAH7.6bn. The MoF decreased interest rates for 12-month paper only.

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Bond Market Insight -- Steep peak in yields continues

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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