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Finance Ministry may swap T-bills issued to replenish bank capital
Journal Staff Report

KYIV, Dec 28 The Finance Ministry obtained the right to swap Treasury bills previously issued to replenish charter capitals of banks, for new T-bills with an adjustment of public debt ceiling, according to a Cabinet order.

Over the past ten years, the volume of additional capitalization of banks at the expense of government domestic loan bonds exceeded UAH 270 billion, only an insignificant part of these bonds was monetized by the National Bank. As a rule, within the additional capitalization, government domestic loan bonds are issued with a maturity of 15 years or more.




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