By the good will of the National Bank, Ukrainian banks now have the opportunity to cover up to 50% of the total required reserves through domestic government bonds (OVGZ). This was reported by the press service of the NBU.

According to the regulator, this will contribute to a more active participation of banks in the primary government bonds market and, accordingly, avoid emission financing of the budget deficit in 2023, as well as the absorption of part of the free liquidity of the banking system.

When forming reserves during the new period of their maintenance, which begins on January 11, 2023, banks will be able to include in the coverage of required reserves benchmark government bonds with an international identification number (ISIN) UA4000227045. The corresponding securities were placed for the first time by the Ministry of Finance at the primary auction, which took place on January 3, 2023.

Recall that since the beginning of the war, the NBU " hryvnia.

This is slightly less than the amount of financial assistance from the United States (UAH 450 billion). As a result, the hryvnia devalued against other currencies.

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Recall that in November, in the structure of all interest income of Ukrainian banks, the share of income from deposit certificates of the National Bank accounted for 30%, which exceeded income from business lending.. Analysts believe that banks are actively earning on the "