NBU provides UAH 128M in refinancing to two banks
Ukrinform
The National Bank of Ukraine (NBU) provided a total of UAH 128 million in refinancing to two banks, Ukrinform reports, referring to the central bank’s press service.
On September 24, 2021, a quantitative tender was held for the refinancing of banks for a term of 84 days. The application of two banks for a total sum of UAH 128.0 million at an interest rate of 9.50% per annum was satisfied.
As Ukrinform reported, the National Bank curtails long-term refinancing and interest rate swaps from the fourth quarter of 2021. The last long-term refinancing tender took place on September 10. The interest rate swap auction will take place on September 29. In addition, from October 1, the maturity of refinancing loans at weekly tenders will be reduced from 90 to 30 days.
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