In the event of bank term loan repayment overnight or non-payment
 interest on him he is not allowed to use this
 line for three months.  In case of late return of bank
 credit or non-payment of interest on him he is not allowed to
 participation in the following five tenders.

 In times of crisis, the sharp decline in confidence in banks by the
 population and massovoho withdrawal of deposits, the possible introduction of
 mechanism for direct acceptance of deposits by the central bank.  In order to
 reducing the pressure on the banking system approach used in other
 central banks in a short period [bank liquidity
 of Ukraine: Scientific analyzes.  Issue.  12 / VI  Mishchenko,
 AV  Catfish and others.  - Kyiv: Center for Research Bank, 2008.  - 180 p.].
 If necessary, the procedure for transfer of deposits in the central bank can
 be used also in Ukraine, which would help reduce the demand for cash

 If a debt collector and interest of the correspondent account
 Bank is not possible, the National Bank following the expiration
 day of the contract provides for assignment of accounts receivable from
 account of arrears and overdue accrued income
 and has a penalty of 0.5% of the outstanding amount for each
 day of delay, but not more than double rate of NBU
 operated during the late commitment.

 Within 10 working days from the date of arrears
 National Bank is entitled to debit from
 correspondent account of the bank until the debt and
 in their absence - to take steps to implement the pledge
 software or exercise of the rights granted as a guarantee of
 operation.  If you realize the collateral is not possible, then the National
 the bank has the right to leave him along to maturity.

 in the deposit certificate arises from the
 paid admission of certificates of deposit to accounts
 System owners in quantifying cert.  Verify
 ownership certificate of deposit is a bank account statement in the system
 quantifying certified by the National Bank gives the owner
 certificate.  Redemption of certificates of deposit by
 transfer to the correspondent account of the bank deposit amount and
 interest income for him on the maturity date in accordance with the terms and
 conditions provided for certificates of deposit.  If the date
 redemption of certificates of deposit falls on a day off, then
 real maturity are carried out on the next working day.  In this
 If interest income is calculated for the period of actual involvement
 funds.

 In the case of non-bank conditions stipulated agreements on loans
 refinancing direct repo operations, including non-payment of interest
 for them, the next day Bank under Art.  73 Law of Ukraine
 "On the National Bank of Ukraine" and is used primarily freehold
 on undisputed cancellation of all debts from the correspondent
 account of the bank.

Operations with their own debt by issuing Bank shall
 certificates of deposit for one day (overnight operations) or up to
 90 days.

 Placement of certificates of deposit by conducting
 quantitative or interest rate tender with the use of
 programming software of "Certificate of Deposit":

 - Every day - from the permanent line of tenders
 certificates of deposit overnight;

 - Thursdays - certificates of deposits up to 90 days [On the regulation
 National Bank of Ukraine liquidity Ukraine: Regulation
 approved by the National Bank of Ukraine
 30.04.2009 № 259.   

 In the case of interest rate tender with the announcement of the total
 funds involved NBU, but without pricing their involvement, banks
 independently offer amount and the interest rate at which they
 agree to purchase certificates of deposit.  On the basis of applications
 received from banks as well as operational monitoring data of interest
 rates in the interbank market, the NBU determines acceptable to
 fund raising interest rates and puts in certificates of deposit
 declared within the scope of this tender, starting with the smallest interest
 rates.  If the declared amount of fundraising is less than the amount
 specified in the request, the Bank at the same rate, the deposit
 Certificates are placed proportionally between the banks.  In the case of
 quantitative tender certificates of deposits among banks located
 according to the priority of applications before the amount
 proposed for inclusion on the basis of the objectives of Regulation
 money market.  On the day of receipt of pleasure
 application to purchase certificates of deposit Bank recalculates the appropriate
 amount of money on their bills by the time specified in the notice. 

National Bank of Ukraine
 government bonds is their fair value, but it should not
 exceed the nominal value of those securities, and the purchase price
 precious metals is the price of precious metals, listed according to their
 the official exchange rate on the day of the contract direct repo.  Price
 resale NBU government bonds or precious metals
 depends on the price mentioned in the first part of repo and term
 this operation, as well as the yield on government bonds,
 interest rate, interest rates on loans and deposits
 interbank average interest rate on loans
 refinancing secured by government bonds, acting in
 the same period.

Bank may conduct reverse repo transactions with government bonds
 a direct agreement with the banks.  Thus, to price
 Sale (purchase) of government bonds it has to rely on
 interest rates on its own debt, interest rates
 of deposits in the interbank market and the yields of government
 bonds Ukraine. 

 One of the important tools to support bank liquidity is
 Bank of direct repo operations with government bonds of Ukraine or
 precious metals and reverse repurchase agreements with government bonds
 Ukraine.  These operations are carried out in accordance with signed agreements and on
 pre-determined amount and term, but not more than 30 calendar days.
 Repo transactions can be conducted only with government bonds
 maturity which does not account for the term of the transaction.  Transactions
 repurchase of precious metals can be conducted only in the presence of
 banks written permission for performance of banking operations
 metals in the currency market of Ukraine.  Direct repo operations with government
 bonds of the National Bank of Ukraine can carry through
 Tender banks' applications for participation in the direct repurchase transactions or
 direct agreement with the bank.  Direct repo transactions with
 precious metals - only a direct agreement with the bank
 and the initiative of the bank provided that its precious metals are in
 safekeeping with the NBU.

During the quantitative distribution of loans by tender
 With regard to the application before the end proposed for it
 amount.  If it lacks to meet all requests banks, funds
 distributed at a fixed price in proportion among all banks submitted
 Application.  In terms of percentage tender banks themselves
 offer interest rate (up to one decimal place) for
 which they agree to get money, but it should not be lower than
 accounting.  In the interest rate tender requests are satisfied by
 proposed to reduce the interest rate they have since
 highest to continue slowly - until the end of the proposed
 loans or meet all requests of banks.  If two or more
 Participants percentage tender offer same interest rate and
 amount of credits remaining is not sufficient to meet all applications
 banks with the same interest rate, the funds are distributed
 proportion between the banks.  Thus a bank can not obtain
 more than 50% of the funds offered in the bid to maintain
 liquidity.