Adamant Capital

Adamant Capital Fixed Income Weekly Digest, September 13-19, 2017

Key highlights:

  • Ukraine has placed a new $3bln 15 year issue priced at 7.375% and accepted $1.6bln worth of tender instructions for 2019-20 notes
  • The IMF has criticized Ukraine in mass media for a slow pace of reforms
  • Real GDP growth in 2Q17 reached 2.3% YoY
  • The NBU has kept the discount rate unchanged at 12.5%
  • The state submitted a draft consolidated budget to Parliament: financing need expected at 3.0% of GDP

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Adamant Capital