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MORTGAGE BONDS IN UKRAINE: CURRENT STATE AND PROBLEMS OF APPLICATION

Valeriya Prokopenko and Igor Svyatokum
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Valeriya Prokopenko: Kharkiv National University of Internal Affairs, Ukraine
Igor Svyatokum: Kharkiv National University of Internal Affairs, Ukraine

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 655-659

Abstract: The article examines issue and circulation of mortgage bonds in Ukraine. Main features of these securities, peculiarities of their coverage are given. Main problems related to this type of financial instruments are pointed out. As of the two types of mortgage bonds, mentioned in Ukrainian legislation (common and structured ones) only former were issued and circulated, main attention is paid to them, but it is also observed, why there were not still issues of the latter.

Keywords: financial institutions; mortgage bonds; mortgage coverage; special mortgage institution; refinancing. (search for similar items in EconPapers)
Date: 2011
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