Analytics
February 15 – 21, 2018
  • Ukraine is almost ready to sign the next IMF memorandum
  • Metinvest’s Yenakiieve Steel and Krasnodon Coal have halted operations
  • MHP has sold its assets in Crimea
  • Privatbank has officially informed noteholders that it is no longer liable to repay its 2018 Eurobond issues totalling $375mln
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February 8 – 14, 2018
  • Real GDP in 4Q16 grew by 4.7% YoY
  • Consumer inflation landed at 1.1% MoM and 12.6% YoY in January
  • Bank FX purchase limits have been increased to 0.5% of regulatory capital per day starting February 9
  • Metinvest 4Q16 hot metal output has decreased by 5% QoQ and 2% YoY to 2.1mlnt
  • Banks reported preliminary 4Q16 results: net income figures for Oschadbank, Ukreximbank, FUIB, and Privatbank at $2mln, - $23mn, $4mln, and -$5.3bln, respectively
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February 1 – 7, 2018
  • International reserves of the NBU declined by 0.6% MoM to $15.4bln at the end of January
  • Oschadbank and Ukreximbank have received capital injections form the state totaling $130mln and $110mln
  • S&P has increased Ferrexpo’s IDR to ‘B-’
  • Mriya 4Q16 update: July-Dec operating cash flows down by 22% YoY
  • Metinvest creditors consent to Eurobond and PXF restructuring; fighting in Avdiivka subsides
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January 26 – 31, 2017
  • December's current account (CA) deficit amounted to $ 292 mln, while the financial account (FA) demonstrated a $ 653 mln surplus
  • The NBU has kept the discount rate unchanged at 14,0 %
  • Metinvest's EBITDA in November decreased by 12% MoM to 112 mln
  • MHP 2016 operating results: poultry production and overage selling price went up and down by 6% YoY respectively: grain harvest volumes grew by 25%
  • Ukraine's 2016 consolidated budget deficit landed at 2,3 % of nominal GDP
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January 18 – 24, 2017
  • Manufacturing, domestic trade, and agriculture increased sector output by 4.5%, 5.8%, and 66.4% YoY respectively in December
  • Kernel Holding’s 5y Eurobond final pricing guidance stands at 8.875-9.125% p.a.
  • Metinvest has received court approval for Eurobond restructuring
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