REUTERS
The National Bank of Ukraine (NBU) has simplified operations on the acquisition of foreign debt securities (Eurobonds) issued abroad to finance loans provided to banks by non-residents, that’s according to the regulator's press service.
"While earlier a bank had to obtain an individual license to this end, now it will be able to carry out such operations with the general license for forex transactions in terms of attracting and placing foreign currency on international markets," the central bank’s press service wrote in a statement.
The NBU noted that such steps would contribute to improving the conditions for managing the banks' liquidity and external debt obligations without affecting the foreign exchange market.
Read alsoNBU to ease forex restrictions for banksThe changes are to come into force on August 10, 2017.
As UNIAN reported earlier, the National Bank on August 3 eased the requirements for banks on the interbank foreign exchange market, having doubled the daily ceiling for the sale and purchase of foreign currencies for hryvnias to 1% of the volume of the bank's regulatory capital, against the previous 0.5%.