NBU returning to two-way quotation for government bonds

The National Bank of Ukraine (NBU) is returning to the two-way quotations for government securities, the NBU said in a letter to the banks.

"It was decided to expand the range of mobilization tools via the restoration of transactions on two-way quotation of government bonds from February 11, 2015," reads the letter.

According to the document, the decision was made to ensure the forecasted and controlled development of the situation on the market.

"NBU will monitor the situation on the monetary and credit market and the bank will be ready to take additional stabilization measures if they are required," reads the letter.