title: Refinancing Operations: Evolution of the Role and Identification of the Influence on the Ukrainian Banking System's Liquidity
abstract: The main goal of the research is to determine the importance of the refinancing mechanism in the system of Ukrainian banking system's liquidity regulation. The separate tasks by which the goal of the research is achieved are: research the legal regulation of NBU's usage the refinancing instruments and detection the deficiencies; research the refinancing mechanism impact on the liquidity of Ukrainian banking system; define the type and level of correlation between the refinancing operations and t