Liquidity slightly volatile

Обзор облигаций 08.02.2016 Banking sector liquidity continued to be slightly volatile, down UAH0.39bn to UAH118.89bn yesterday. Banks' correspondent accounts with the NBU declined UAH1.32bn to UAH38.23bn while total CDs outstanding was up UAH0.93bn to UAH81.66bn. Investment implications: Banks once more decreased outstanding ON CDs as it purchased UAH9.46bn of ON CDs on Thursday, UAH10.34bn on Wednesday, and UAH12.56bn on Tuesday. Banks also purchased UAH2.0bn of 7-day and 4.84bn of 14-day CDs.