Liquidity absorption

Обзор облигаций 22.07.2015 The NBU continued to absorb extra liquidity on Monday, increasing yesterday's total CDs outstanding by UAH4.91bn to UAH43.49bn while banks' correspondent accounts with the NBU declined UAH3.98bn to UAH26.20bn. With total local currency debt repayments scheduled for the next 30 days up UAH1.39bn to UAH6.56bn, broader banking sector liquidity rose UAH2.32bn to UAH76.25bn. Because the changes were mostly the result of a reallocation of funds, KyivPrime interest rates remained steady yesterday, at 19% and 24%, respectively, for ON and 1M funds.