ICU Weekly Insight – Monday, June 6, 2022: National Bank Hikes Key Interest Rate to 25%

Kyiv Post | Jun 7, 2022 at 4:34 PM
  • Hryvnia bond market looks to reboot
  • Interest rates on short-term bills can rise close to the key rate, while longer maturities can react less significantly as investors expect that NBU may start decreasing its key policy rate later this year or at the beginning of the next year.
  • ICU view: We estimate the debt also remained little changed in May, but it is likely to start to grow significantly in June largely on new external borrowings.