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Daily Insight-Russia gloomier on economic prospects; 4-year privatisation programme announced; IMC news; NBU injects liquidity
The NBU on Tuesday made some injections into banking sector liquidity through the bonds market and ON loans at a total volume of UAH1.5bn, which supported a rise in liquidity. Thanks to these injections, the broader banking sector liquidity, which includes banks\' correspondent accounts with the NBU as well as outstanding government bonds due in 30 days and NBU certificates of deposits, rose by the same volume of UAH2.69bn, to UAH18.08bn (the banks\' correspondent accounts balance was at UAH13.38bn yesterday). The total volume of CDs outstanding and debt repayments scheduled for the next 30 days remained steady, at UAH0.15bn and UAH4.55bn, respectively.