Analytics
March 28 – April 3, 2018
  • Ukraine’s CA deficit decreased by $140mln YoY to zero in February
  • The NBU has softened a number of FX control measures
  • Ukraine has delayed its gas price hike until June 1
  • НБУ пом'якшив ряд обмежень валютного контролю
  • EBITDA компанії Авангард за 4кв17 подвоїлася г / г до 19 млн $, але скоротилася на 64% г / г до 7 млн за 2017 рік у цілому
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March 21 – 27, 2018
  • Output of key economic sectors in February increased by 1.4% YoY
  • Real GDP growth in FY17 and 4Q17 reached 2.5% and 2.2%, respectively
  • The NBU has revised 2017 CA deficit down by $2.0bln to $1.8bln (1.6% of GDP)
  • Ferrexpo reported 2H17 results: EBITDA fell by 9% HoH
  • MHP has announced that it has priced its new $550mln 8-year bond at 6.95% and that $409mln of its 2020 notes have already been tendered
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March 14 – 20, 2018
  • Yakiv Smoliy has been voted in as the new NBU governor
  • Poroshenko has submitted a landmark law on FX regulation to Parliament
  • Metinvest has announced a tender offer along with a consent solicitation to refinance 2021 notes
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March 7 – 13, 2018
  • Consumer inflation landed at 0.9% MoM and 14.0% YoY in February
  • MHP reported 4Q17 results: no real surprises
  • MHP has announced a new eurobond placement in combination with a tender offer for 2020 notes
  • Metinvest has announced its intention to direct $6.5mln towards early payment of eurobond interest
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February 28 – March 6, 2018
  • Ukraine’s CA deficit increased by $190mln YoY to $60mln in January
  • Foreign currency reserves of the NBU in February remained flat MoM at $18.4bln
  • The NBU has increased the discount rate by 100bps to 17.0%
  • Metinvest’s 4Q17 unaudited EBITDA increased by 110% YoY to $593mln
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