Depending on the situation on the money market, the National Bank of Ukraine
 administrative documents may decide on remand
 collateral refinance mortgage homogeneous or mixed [About
 regulation of the National Bank of Ukraine liquidity Ukraine:
 Regulations approved by the National Bank of Ukraine
 from.  In addition, based on the results
 monitoring of the securities market for securities
 taken secured loans refinancing needs quarterly
 revised.   m further improving support mechanisms
 liquidity is relatively low level of domestic
 financial markets, due to small volumes and low
 liquidity of domestic securities.  As of April 1, 2009
 in turn PFTS was placed corporate bonds at par
 value amounting to 32.2 billion USD, but their ratio remained
 extremely low and risks - are too high.  Cost of bonds
 bills that were owned entities
 entities was 14.7 billion USD, but they also characterized
 low liquidity.  It should be noted: the lower the quality of
 collateral provided by the National Bank for its operations
 refinancing, the higher will be its cost.