Daily Insight -- Liquidity steady

Despite Tuesday's the large VAT, total banking sector liquidity rose only UAH0.18bn, remaining below UAH100bn at UAH99.64bn yesterday, as a result of Treasury operations, a large refund, and lower regular expenditures. The net impact of Treasury operations was UAH0.22bn, which offset outflows via cash, resulting in a net positive impact of non-monetary operations of UAH0.18bn. The NBU provided no funds via monetary operations.