11 ноября 2010

Interest in Primary OVDPs at Its Lowest

Yields stable, amount raised negligible. The situation on the primary OVDP market remains stable – yields have stayed unchanged, volumes are still at their lowest. The market keeps trying to push yields up but MoF has not been rushing things, satisfying only minimum-yield-oriented claims. Thus the volume of turned-in claims stood at UAH 936mn but MoF met only UAH 215mn – more than the week earlier but still below the average for the two months at hand. Meanwhile, yields on the six-month and one-year OVDPs have not changed; those on the less liquid five-year slid vs the month before (the latter bonds were not placed two weeks before).

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