From Q4 2021, NBU to cancel anti-crisis monetary measures

From Q4 2021, NBU to cancel anti-crisis monetary measures

From the beginning of the fourth quarter, the National Bank will suspend long-term refinancing and interest rate swap transactions

That’s according to the Chairman of the National Bank of Ukraine, Kyrylo Shevchenko, who spoke at a briefing on Thursday, September, an Ukrinform correspondent reports.

"We have approved the curtailment of long-term refinancing and interest rate swaps from the fourth quarter of 2021," Shevchenko said.

Read also: NBU predicts inflation in Ukraine will slow by year-end

The last long-term refinancing tender will be held on September 10, while the interest rate swap auction will take place on September 29.

In addition, from October 1, 2021, the maturity of refinancing loans at weekly tenders has been reduced from 90 to 30 days.


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