National bank of Ukraine’s official rates as of 31/12/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of December 31
One troy ounce=31.10 grams
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The National Depository of Ukraine (NDU) on December 29 registered the first issue of deposit certificates in Ukraine, the issuer of which was Bank Avangard (Kyiv), the institution’s press service reported.
“A new instrument – a deposit certificate appeared thanks to the innovations of law No. 738 (came into force on July 1). This is the first case when an issue is registered by the central depository, and we hope for great attention to this instrument from the capital market participants,” the NDU said.
The National Depository noted that the technology for issuing a deposit certificate is completely based on paperless communication.
“This is another significant step in the direction of securitization, thanks to which new financial instruments appear,” Maryna Adamovska, a member of the NDU board, said.
As reported, the head of the debt securities issue department of ICU Investment Group, which includes Bank Avangard, Ruslan Kilmukhametov, in mid-December announced the debut issue of deposit certificates for the market.
“The bank’s deposit certificate is a revolutionary product for Ukraine, as it shortens the issuer’s path to the capital market from 2-3 months when issuing bonds to 2-3 working days required for the placement of bank certificates,” he said.
The expert explained that in case of a non-public offering, that is, with a well-known circle of persons, the registration of the issue is carried out by the NDU, and not by the regulator, the National Securities and Stock Market Commission.
“Thus, the bank can very quickly enter the deposit certificate market. If it needs money, it can “raise its hand,” gain demand, register an issue and sell these certificates,” the head of the ICU department noted.
PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) in January-November this year increased production of rolled iron ore by 3.3% compared to the same period last year – up to 10 million tonnes.
An enterprise representative told Interfax-Ukraine about 900,000 tonnes of concentrate were produced in November.
Earlier, the general director of ArcelorMittal Kryvyi Rih, Mauro Longobardo, reported that ArcelorMittal Kryvyi Rih in 2020 increased production of iron ore concentrate by 8.3%, to 10.7 million tonnes, ore extraction increased by 4.5%, to 25.6 million tonnes.
ArcelorMittal Kryvyi Rih is the largest manufacturer of rolled steel in Ukraine. It specializes in production of long products, in particular, rebar and wire rod.
ArcelorMittal owns the largest mining and metallurgical plant in Ukraine ArcelorMittal Kryvyi Rih and a number of small companies, in particular, PJSC ArcelorMittal Beryslav.
President of Ukraine Volodymyr Zelensky has signed a decree to raise the minimum salary for military personnel and set the task for the Cabinet of Ministers to improve the system of monetary allowances for the military.y.
Decree No. 688/2021 “On additional measures to ensure social guarantees for the military personnel of the Armed Forces of Ukraine” was posted on the website of the President’s Office on Thursday evening.
According to the document, the Cabinet of Ministers must ensure, from 2023, the minimum amount of monetary allowances for the Armed Forces of Ukraine (except for military personnel) at the level of at least two times the minimum wage established by law as of January 1 of the calendar year.
Also, by June 30, 2022, the government must submit to the Verkhovna Rada a bill aimed at improving the system of monetary allowances for military personnel, taking into account the best experience of leading foreign states.
