The Verkhovna Rada of Ukraine adopted the Law "On Amendments to Clause 2 of the Law of Ukraine "On Priority Actions to prevent Negative Consequences of Financial Crisis, and on Amendments to several Legislative Acts of Ukraine" (re Retirement of Bonds)

02 June 2011, 11:20

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The Law amends clause 2 of the Law "On Priority Actions to prevent Negative Consequences of Financial Crisis, and on Amendments to several Legislative Acts of Ukraine", excluding the provision, whereby "government stocks of Ukraine are subject to obligatory retirement by the National Bank of Ukraine, particularly by credits of specific purpose of the international financial organizations, at par value within five banking days since the proposal of retirement was received."

 

The draft is registered under Reg. No.8439.