ICU Research: OVGZ-auction results - Bonds' yields unchanged

August 02, 2017 - Cbonds

 

According to the MoF, yesterday's auction budget proceeds amounted to US$483.9m. All types of bonds by maturity were proposed: half-year, 1-year, 2-year and 3-year. All bonds were denominated in local currency. The MoF satisfied all submitted demand and the biggest was for half-year bonds which amounted to UAH150m in one bid at 13.85%.

Demand for the 1-year and 2-year bonds amounted to UAH100m each with one bid each at 14.4% and 14.46%, respectively, while the 3-year bond received five bids, all of which were accepted at 14.54%.

Investment implications: All rates remained unchanged, indicating that market participants are confident that on Thursday the NBU's board meeting will keep the key policy rate unchanged. Moreover, there was low demand as debt repayments to the market this week will be a paltry UAH100m.
Share:
Cbonds page: ICU
Issuer profile:

ICU is an asset management and investmnet banking company.

Outstanding issues:
minimizeexpand
150 000
issues: local and international bonds
170
countries
+7 812 336 97 21
pro@cbonds.info
150 000
issues: local and international bonds
170
countries
Сbonds is a global Fixed income data platform
+7 812 336 97 21
pro@cbonds.info
Data
  • Descriptive data on bonds
  • Bond Quotes from trading systems and market participants
  • Prospectuses and other issue documents
  • Credit ratings
  • Indices and indicators
  • Market news and analytical research
Analytical instruments
  • Multi-parameter bond database search
  • Bond Maps
  • Market calendar
  • Bond calculator
  • Watchlist and Portfolio management
  • Chart analysis
  • Mobile App and Excel Add-in Tool
Enter or RegisterSubscription/Trial access