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.