NSSMC and the Ministry of Agrarian Policy are working on modern financial instruments for the agricultural market

Ruslan Magomedov, Chairman of the National Securities and Stock Market Commission, and Vitalii Koval, Minister of Agrarian Policy and Food, held a working meeting to discuss the introduction of modern global financial instruments to the Ukrainian agricultural market. One of them is an agricultural note. This was announced by the Сhairman of the NSSMC in his Telegram channel.

Recently, the NSSMC, together with the NDU and the IFC expert team, successfully issued a pilot agricultural note. According to Ruslan Magomedov, this tool will allow our farmers to quickly attract financing for the development of their business and industry: ‘The main task of the NSSMC was to organise this process without paperwork and burdensome processes. Therefore, we have created the most automated and convenient system possible.’

‘I was pleased to hear the support of the Minister of Agrarian Policy, as it is very important to promote this mechanism among agribusiness. I am confident that in cooperation with the Ministry of Agrarian Policy we will have good results,’ said the NSSMC Chairman.

We would like to remind you that recently, for the first time, the Register of Agricultural Notes piloted the issuance of an agricultural note with deposit in the Central Depository. This was a landmark event for the introduction of this financial instrument in the capital markets.