Interest rates on NBU's active and passive operations set for November 20

Rate (%)

Current rate, % per annum

Last set

Previous rate, %

Previously set

Refinancing rate

16.00

27.10.23

20.00

15.09.23

On active operations– overnight credits

Secured by state securities or NBU deposit certificates, intl organizations’ bonds, currency

22.00

15.09.23

24.00

28.07.23

On overnight deposit certificates

16.00

15.09.23

18.00

28.07.23

ãSource: National Bank of Ukraine

The Refinancing Rate is a rate at which the NBU provides loans to commercial banks for replenishment of their monetary reserves and lending funds

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