National Bank of Ukraine (NBU) is ready to redeem the bonds of internal state loan (Government Bonds) from commercial banks for five days prior to their maturity.

The presence of such an agreement has informed agency "Interfax-Ukraine" and. about. Minister of Finance Igor Umansky on Wednesday.

"There is a corresponding decision of the National Bank", - he added, while not specifying details.

Umansky confirmed that at the last week meeting with the bankers NBU leadership with the participation of Prime Minister Yulia Tymoshenko discussed the increase in government bond sales.

Commenting on the results of primary auctions January 28 and February 2, which dramatically increased the amount of bonds, Finance Minister predicted that the following auctions "will be interesting."

At the same time he stressed that the banks can not hope that the government will go to higher rates of return on Government Bonds.

According to the agency director of the Department of Foreign Economic Relations National Bank of Ukraine Sergey Kruglik, agreement on the possibility of redemption National Bank dealt only one government bond auction.

"It was just one auction. It involved three or four banks, which collected 400 million (UAH) ... There has not been made mandatory redemption. The rationale behind this decision is that the National Bank may - may - to buy Government Bonds but not earlier than five days before the expiration of their term, "- he said.

"It was a one-time action on the small amount of several banks," - said Kruglik.

He added that a significant amount of sales at auction on Feb. 2 in no way connected with this decision, the NBU.

It was reported that the Finance Ministry to attract buyers in the second half of December 2009 increased the yield of Government Bonds with a 19-20% per annum up to 25-28% per annum which, together with an increase in the schedule of auctions for up to two times per week allowed toeedbring the volume of their deployment to 1.1 billion USD in the week, but in January the newly lowered rates, which led to a sharp drop in sales.

In such a situation last week, Prime Minister Yulia Tymoshenko appealed to the bankers with a request to increase purchasing Government Bonds. According to media reports, government bond should increase the attractiveness of allegedly taken the National Bank of the obligation to redeem bonds for five days prior to their maturity by the Government.

As a result, the Ministry of Finance was appointed on 28 January to early primary auctions, where sales increased by 4,5 times - to 0.76 billion USD, on 2 February sales rose to 1.12 billion USD.

Treasury keeps rates on 3-mesyachenym Government Bonds at a level to 21%, 6-month - up to 23,5% per annum, 3-year - up to 26% per annum.

Since the beginning of the year 2009 the total allocation Government Bonds totaled 2.283 billion USD.