THE ACTIVITIES OF THE NATIONAL BANK OF UKRAINE ON THE OPEN MARKET: OPERATION WITH CERTIFICATES OF DEPOSITS

Authors

  • Yu.O. Harkusha Odessa national economic university, Ministry of Education and Science of Ukraine, Department of Banking Preobrazhenskaya str., 8, Odessa, 65082

DOI:

https://doi.org/10.15330/apred.2.12.12-17

Keywords:

National Bank of Ukraine, certificates of deposits, open market, interest rate policy, banks, stock exchange

Abstract

In the article investigated the activities of the National Bank of Ukraine on the open market. The analysis of operations of the National Bank of Ukraine banks to raise funds placing deposit certificates. Defined impact operations of the central bank's own debt securities to trading volumes deposit certificates of the National Bank of Ukraine on the stock market and the credit activity of banks. Identified problems interest rate policy and the ways to overcome them.

JEL: E 58

Author Biography

Yu.O. Harkusha , Odessa national economic university, Ministry of Education and Science of Ukraine, Department of Banking Preobrazhenskaya str., 8, Odessa, 65082

Ph.D (Econ.)

References

1. Lanovyi, V.V. “Methods of monetary policy as a factor of influence on macroeconomic processes in Ukraine.” Bulletin of the University of Banking of National Bank of Ukraine 1 (19) (2014): 131-137. Print.
2. Regulation On the Use of Standard Banking System Liquidity Regulation Instruments by the National Bank of Ukraine. Resolution of National Bank of Ukraine on 17 September 2015 № 615. Web. <http://www.bank.gov.ua>.
3. On Amendments to the Technical procedure for conducting by the National Bank Ukraine of transactions with banks. The National Bank of Ukraine Resolution on 20 June 2013 № 243. Web. <http://zakon3.rada.gov.ua/laws/show/v0243500-13>.
4. Official site of the National Bank of Ukraine. Web. < http://www.bank.gov.ua>.
5. Official Site Stock Exchange "Perspective". Web. <http://fbp.com.ua>.
6. “Basic principles of monetary policy for 2015.” Web. <http://www.bank.gov.ua/doccatalog/document?id=10465306>.

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Published

2016-04-26

How to Cite

Harkusha , Y. (2016). THE ACTIVITIES OF THE NATIONAL BANK OF UKRAINE ON THE OPEN MARKET: OPERATION WITH CERTIFICATES OF DEPOSITS. The Actual Problems of Regional Economy Development, 2(12), 12–17. https://doi.org/10.15330/apred.2.12.12-17

Issue

Vol. 2 No. 12 (2016): THE ACTUAL PROBLEMS OF REGIONAL ECONOMY DEVELOPMENT"

Section

Financial market

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