Analytics
January 11 – 17 , 2017
  • Average and end of period consumer inflation in 2016 amounted to 14.9% and 12.4% YoY, respectively
  • A preliminary draft of the new IMF memorandum has been leaked to the local media
  • Ferrexpo’s 4Q16 pellet output increased by 10% QoQ to 2.8kt
  • Kernel Holding has announced a potential placement of 5 year Eurobonds
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December 14 – 20, 2016
  • Real GDP growth in 3Q16 reached 2.0% YoY
  • PrivatBank has been nationalized by the state with a bail-in outlook on Eurobonds
  • DTEK has received creditor approval for Eurobond restructuring
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December 7 – 13, 2016
  • Consumer inflation landed at 1.8% MoM and 12.1% YoY in November
  • S&P affirmed Ukraine’s long term IDR at “B-” with a stable outlook
  • The NBU has kept the discount rate unchanged at 14.0%
  • Ukrainian Railway reported 1H16 results and reception of bondholder approval on cross default amendments
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30 November – 6 December, 2016
  • October’s current account (CA) deficit amounted to $0.2bln, while the financial account (FA) demonstrated a $0.3bln surplus
  • International reserves of the NBU declined by 1.3% MoM to $15.3bln at the end of November
  • Metinvest will launch its Eurobond restructuring on December 19
  • DTEK 3Q16 EBITDA more than tripled QoQ $166mln
  • Avangardco 3Q16 EBITDA landed at $2mln
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November 23 – 29, 2016
  • Manufacturing, domestic trade, and agriculture increased sector output by 0.8% and 2.8%, and 12.4% YoY respectively in October
  • Fitch has affirmed PrivatBank’s IDR at ‘CCC’
  • The NBU has allowed banks to deal in FX derivatives and to invest in foreign sovereign and quasi-sovereign bonds
  • Metinvest’s 3Q16 EBITDA including JVs doubled YoY to $408mln
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