ICU - Daily Insight -- Liquidity down as cash declines

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ICU

Research Team

Daily Insight -- Liquidity down as cash declines

â€‹As expected, the Treasury paid no VAT refund last Thursday, but expenditures offset UAH3.7bn of funds received. The net impact of Treasury and DGF operations of UAH0.18bn, combined with cash down a significant UAH1.01bn, had a net negative impact of non-monetary operations of UAH0.89bn.

10/04/2017 4 EN

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ICU

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Analysts

Research Team

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Daily Insight -- Liquidity down as cash declines

Macro Update -- Macro Risks Remain Manageable

Weekly Insight -- NBU does not prevent hryvnia weakening

Bond Market Insight -- Bond rate reduction on hold

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