Fund accumulations

Обзор облигаций 27.04.2016 Banks continued to accumulate funds at banks' correspondent accounts with the NBU, increasing this indicator by UAH0.83bn to UAH43.52bn yesterday, the largest amount since mid-February 2016, most likely due to month-end tax payments and in anticipation of longer-term CDs or primary auctions held yesterday and today. Most likely, a large portion of liquidity will be paid today for bonds purchased at yesterday's auction, the same as the MoF has a chance to sell about UAH1.0bn of new 3-year bonds today.