NBU resumes circulation of government securities

07 August 2022, 19:54 | Economy
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The depository of the National Bank, following the National Commission for Securities and Stock Market, restores the circulation of government securities. This was reported by the press service of the regulator..

According to the NBU, the resumption of circulation of government securities will help restore the Ukrainian economy, because securities are the main investment tool for capital market participants.

The resumption of circulation will help determine the market value of securities.

Also, the National Bank will not charge fees for depositary services until December 22, 2022. This, according to representatives of the regulator, will allow market participants to adapt their business processes to new realities.. The NBU offers to take the same step to its clients in relation to the final consumer.

This should revive the market and help attract additional investment in the Ukrainian economy..

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Recall that earlier prices for Ukrainian Eurobonds fell almost to the level of the crisis end of February 2022. Then the depreciation of government securities was affected by the attack of the Russian Federation on Ukraine and the pessimism of investors about the future of our state. The current downturn is likely driven by investors' realization that the war will be long and debilitating..




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