Best international practices are becoming increasingly popular in the Ukrainian stock market

In September 2023, 85 transactions totaling UAH 6.574 billion were concluded in the repo market under the risk-controlled repo mode.

«In September, we saw a revival in the conclusion of transactions on the repo market with risk control. This is a positive signal that indicates that there is now a demand for short-term loans and that the securities market is saturated with liquidity despite the ongoing war», said Ruslan Magomedov, Chairman of the NSSMC.

The average daily open position amounted to UAH 3.916 billion. The average daily number of active contracts amounted to 33.
The minimum daily open position was UAH 2.925 billion, while the maximum daily position was UAH 4.527 billion.
Transactions were concluded for a term of 1 to 90 days, and the repo rate ranged from 17.5% to 19.5%.

The technology for conducting exchange-traded repo transactions with securities with risk control has been available since 2021. It involves the use of the services of a central counterparty, which is the Settlement Center, to mitigate risks in securities-based lending.