Eavex Capital Research: Ukrainian Fixed Income Weekly

Ukrainian sovereign Eurobonds gained ground last week after the Finance Ministry managed to raise USD 350mn through placement of 2-year domestic USD-denominated bonds at 5.34%. Also, the country’s 2Q17 preliminary GDP growth figure of 2.4% YoY was better than expected given the headwinds created by Kyiv’s costly economic blockade of the Donbass occupied territories. However, the current pace of Ukraine’s economic growth remains rather unimpressive, and we would not be surprised if the full year ru.cbonds.info »

2017-8-21 17:10

Indonesia's Current Account Deficit Narrows In Q1

The shortfall in Indonesia's current account decreased significantly in the first quarter, data released by Bank Indonesia showed Wednesday.

The current account showed a deficit of $5.27 billion during the three months ended March, lower than the $7.65 billion deficit seen in the fourth quarter. In the first quarter of 2012, the balance was a deficit of $3.11 billion.

The surplus in the goods trade account increased to $1.64 billion in the first quarter from $0.8 billion in the final three months of 2012. The deficit in the services account dropped to $2.31 billion from $3.32 billion, while the shortfall in the income account decreased to $5.69 billion from $6.34 billion.

The current transfers account showed a surplus of $1.1 billion in the three months to March, compared to the $1.21 billion surplus seen in the preceding three-month period, data showed.

2013-5-15 17:25