Agricultural notes launched in Ukraine to attract investments in agriculture

Agricultural notes launched in Ukraine to attract investments in agriculture

The National Securities and Stock Market Commission (NSSMC) has completed the preparation of the regulatory framework for the launch of a new financial instrument – agricultural notes, aimed at attracting investments in the agricultural sector. This was reported by the NSSMC press service.

The first successful step has already been taken: a pilot issue of an agricultural note with deposit in the Central Depository took place in the Register of Agricultural Notes. The initiator was LLC “AGROFIRMA-OBRIY” from Khmelnytskyi region, and the first owner was LLC “AP IMPORT” of the Agroprosperis Group of Companies, which acted as a lender. The securities account is maintained by the depository institution of JSC Raiffeisen Bank.

The process was supported by PJSC National Depository of Ukraine (NDU), which is the holder of the Register of Agrarian Notes, as well as by a team of IFC experts within the framework of the project “Development of Access of the Ukrainian Agricultural Sector to Capital Markets”, which is implemented with the support of the Swiss Confederation.

Experts note that the introduction of agricultural notes opens up new opportunities for financing agricultural enterprises. In this context, modern equipment plays an important role, which increases the productivity and competitiveness of farms. The company PromInvestService offers a wide range of equipment for the agricultural sector, in particular for processing and storing products. You can familiarize yourself with the range at the link: https://pis.com.ua/uk/category/nashe-obladnannya/. Such equipment will be a reliable support for agricultural producers who plan to raise funds through agricultural notes to modernize their facilities.