Daily Insight -- Liquidity unchanged
​Banking sector liquidity remained steady yesterday, down a slight UAH0.02bn. Treasury operations caused outflows of UAH1.05bn which were offset by an increase in cash of UAH0.63bn and UAH0.42 in monetary operations. The NBU did not hold FX auctions on Tuesday as banks reinvested all received funds from CD redemptions into new CDs. The Treasury paid no VAT refunds, and banks' correspondent accounts with the NBU slid UAH0.03bn to UAH50.17bn while total CDs outstanding rose UAH0.01bn to UAH53.39bn.
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