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07/10/2019. ICU: Bond Market Insight -- Rates continue to decline

This week, the Ministry of Finance extended the list of bills with limited offerings, supporting a further decline in cut-off rates, and lowering the cost of borrowing. Due to these limits, cut-off rates for most of offered bills were reduced by 20-34bp. Total demand amounted to UAH9bn (US$0.35bn), which was UAH1.6bn (US$0.06bn) less than a week ago. The amount of proceeds this week slid UAH2bn (US$0.08bn) to UAH6bn (US$0.23bn).

further details: ICUDebtInsight-20190710-Eng.pdf (276 Kb)
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