Bonds: Liquidity up on reallocations

Обзор облигаций 18.09.2014 Banking sector liquidity continued to rise yesterday on the reallocation of funds. Banks' correspondent accounts with the NBU slid UAH0.13bn to UAH33.31bn, while total CDs outstanding rose UAH1.01bn to UAH14.39bn and total local currency debt repayments scheduled for the next 30 days remained steady at UAH6.97bn yesterday. Investment implications: The NBU continued to absorb extra liquidity by significantly increasing total CDs outstanding.