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ICU
Research Team

Daily Insight -- Liquidity under pressure of tax payments

Last Friday, banking sector liquidity fell UAH5.63bn to UAH77.46bn, under the pressure of month-end tax payments, the NBU's supporting the hryvnia's exchange rate, and significant fund reallocations from reserves to CDs. Banks' correspondent accounts' balance with the NBU fell sharply, down UAH11.66bn to UAH43.54bn, while total CDs outstanding was up UAH6.03bn, including UAH3.82 of new two-week CDs.

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ICU
ICU

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/

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