On 22 November 2011, the senior officials of the National Bank of Ukraine met the senior managers from the treasury divisions of the largest banks. During the meeting the sides discussed the issues related to the situation in the money market, outlook for money market developments and the measures taken by the National Bank of Ukraine with a view to ensuring efficient money market regulation and offsetting external economic risks.

During the meeting banking community representatives addressed the National Bank of Ukraine with a request to provide the banks with additional liquidity.

In view of the above, on 22 November 2011 the National Bank of Ukraine announced that an unscheduled interest rate tender, which is aimed at providing liquidity support to the banks, will be held on 24 November 2011.

The total amount of the loan granted by the National Bank of Ukraine amounts to UAH 1 billion with maturity date falling on 30 November 2011.

Bids for the participation in the unscheduled tender were accepted until 23.11.2011 05.00 PM. As of today, the National Bank of Ukraine has received one bid worth UAH 44.5 million from one bank.