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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of February 12, 2015 No. 104

About some questions of regulation of the monetary market

Having analysed condition of the monetary market and the forecast of its development, for the purpose of assistance to timely accomplishment by banks of the obligations to investors and other creditors, according to Articles 15, of 25, 26 and 56 Laws of Ukraine "About the National Bank of Ukraine", to Items 9-11 of the Section I of the Regulations on procedure for the forming and storage of required reserves by banks of Ukraine and branches of foreign banks in Ukraine approved by the resolution of Board of the National Bank of Ukraine of December 11, 2014 No. 806, to Item 2.3 of Chapter 2 of the Section II of the Provisions on regulation of liquidity of banks of Ukraine by the National Bank of Ukraine approved by the resolution of Board of the National Bank of Ukraine of April 30, 2009 No. 259, registered in the Ministry of Justice of Ukraine on May 6, 2009 at No. 410/16426 (with changes), and also taking into account the order of Committee on monetary policy which meeting took place 28, on January 29, 2015, The board of the National Bank of Ukraine decides:

1. Determine that the bank can address to the National Bank of Ukraine for:

the credit overnight on security government bonds of Ukraine or deposit certificates of the National Bank of Ukraine in the amount of no more than 100% of the amount determined according to the established standard rates of amount of required reserves for previous period of content;

the credit overnight blank in the amount of no more than 25% of the amount determined according to the established standard rates of amount of required reserves for previous period of content.

2. Recognize invalid:

the resolution of Board of the National Bank of Ukraine of June 19, 2012 No. 248 "About some questions of regulation of the monetary market";

the resolution of Board of the National Bank of Ukraine of February 21, 2014 No. 86 "About some questions of regulation of the monetary market".

3. The resolution becomes effective since February 16, 2015.

4. I reserve control over the implementation of this resolution.

Chairman

V. A. Hontareva

 

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