The National Bank of Ukraine will introduce an index of deposit rates in May, Director for NBU Currency Reserve Management Department Oleksandr Dubykhvist told a round table.

He noted that a mechanism that will be introduced will allow setting floating rates, including in mortgage or crediting for construction.

"Testing will start from late April and till the end of May exploitation of the deposit rate index will begin, which will be a basis for introduction of floating rates... We will introduce this index and will give explanations to banks how to use it, it can be used both in mortgage crediting and by developers in bond issues and borrowings," he noted.

UKRINFORM