Liquidity down slightly

Обзор облигаций 19.11.2015 Banking sector liquidity slid UAH0.50bn to UAH92.69bn yesterday as banks' correspondent accounts with the NBU fell UAH1.09bn to UAH27.13bn while total CDs outstanding rose UAH0.59bn to UAH65.55bn. Investment implications: Liquidity remained high with a slight decline, most likely due to outflows via the FX market and the NBU auction that sold US dollars. Today, liquidity could move down slightly, but should remain above UAH90bn.