internal guideline

 - Providing loans from banks open market operations are not
 should be limited to administrative measures and accompanied
 control their use;

 - Should develop clear internal guidelines to ensure an acceptable
 and the value of discount in calculating the value of the collateral.

 Thus, in our view, it should be emphasized that the management
 liquidity as a mechanism of monetary policy
 National Bank of Ukraine should not be confused with the mechanisms
 issues of troubled banks.  The main function of refinancing
 is to ensure that the goals and methods of
 monetary policy of the NBU and balancing supply and demand
 money in the economy.