“Buy and Sell T-Bills” package
Advantages of the package
A current account under "Buy and Sell T-Bills” is opened for retail clients to buy and sell domestic government bonds (Government T-Bills).
The procedure to buy and sell Government T-Bills is simple and convenient. The client opens a current account in a branch under the "Buy and Sell T-Bills" package in UAH or a foreign currency. Subsequently a securities account is opened and a brokerage agreement is signed. A bank officer helps the client to select and buy T-Bills for his/her securities account. At maturity of the T-Bill, the Ministry of Finance (re-)pays the principal plus interest earned to the client’s current account in the "Buy and Sell T-Bills” package.
Account currency - UAH, USD, EUR.
Opening a current account in the "Buy and Sell T-Bills" package allows:
- making cashless settlements under a brokerage agreement (such services are free of charge);
- crediting funds to the account from repayment of T-Bills and payment of the funds from the account (free of charge);
- obtaining transaction and balance account statements;
- issuing power of attorney to a current account.