The National Bank of Ukraine (NBU) has held a refinancing tender to provide four banks with UAH 563.6 million ($20 million) in refinancing loans at an interest rate of 6% per annum, with an 84-day maturity period.
The National Bank holds biddings to maintain banks’ liquidity for up to 90 days. Biddings are held each Friday, and on long-term refinancing from one to five years – once a month, on a second Friday.
Such a schedule has been set until December 30. (UNIAN/Business World Magazine)
