Bond portfolio movements

Обзор облигаций 27.07.2015 Last week, total government bonds outstanding rose just UAH0.20bn to UAH489.60bn, similar to the concurrent UAH0.25bn increase in the banks' portfolio. At the same time, the other residents' portfolio declined UAH1.21bn while the NBU's portfolio rose UAH1.15bn. The NBU is expected to monetize bonds from the DGF portfolio to support deposit repayments at insolvent banks. As debt redemptions were covered by new issues, they had no significant impact on the bond portfolios.