ICU - Weekly Insight -- Parliament approves 2022 state budget

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ICU

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Weekly Insight -- Parliament approves 2022 state budget

Ukraine’s parliament approved the state budget for 2022 with a target deficit of UAH189bn (US$6.9bn based on current ER). This is the equivalent of 3.5% of 2022F GDP according to government estimates.

06/12/2021 7 EN

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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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Weekly Insight -- Parliament approves 2022 state budget

Bond Market Insight -- Reduction of UAH bond rates resumes

Weekly Insight -- NBU continues rate-cutting cycle

Bond Market Insight -- Bond market waits for NBU to cut rates

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