Ukraine's economy needs financial and treasury bills, head of the Securities and Stock Market State Commission (SSMSC) Dmytro Tevelev told a press conference, ForUm correspondent reports.

According to him, such papers are issued by banks and the State Treasury under the supervision of the National Bank and Finances Ministry.

"It is an interesting and promising instrument, but for its full-fledged use we need to change the legislation base. There are problems with implementation of these bills," he explained.

The official specified that some amendments must be introduced into some acts of the NBU and SSMSC. "I think the bills will start working in the second quarter and will benefit the economy," Tevelev said.


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