During the war, Ukrainians have significantly increased their investments in military bonds, to $1.7B. Individual investments increased to ₴71.2B ($1.7B) at the beginning of October, against ₴25.5B ($622M) in February 2022. Individual investors currently represent more than 4% of the total portfolio o... #BondsUkraine #financeUkraine #ForeignInvestor #investments #OVDP
The MoF raises a record ₴30B from the sale of government bonds, and the NBU expands the list of required benchmark domestic government debt securities. On October 8, the Ministry of Finance placed bonds of the domestic state loan (OVDP) for a total amount of ₴30.26B ($750M). This is more than for the month of August (₴29.1B) and is the largest figure... #BondsUkraine #financeUkraine #nbu #OVDP #UkraineSecurities
ICU analysts provide a forecast for OVDP rates for the next six months. In the coming months, there will be no noticeable reduction in the rates for OVDP because this trend has already played out in the second half of 2023 in response to the gradual decrease in the NBU di... #BondsUkraine #financeUkraine #KeyPolicyRate #nbu #OVDPselling
Ukrainians are increasing their government bond investments. In 2022, the population’s share of the OVDP portfolio increased by ₴5.1B, and in 2023, it increased by ₴20.9B to ₴51.2B. The simplification of purchasing OVDP bonds facilitated this trend. Until recen... #BondsUkraine #DiiaAppUkraine #financeUkraine #OVDPselling #SenseBank #Ukrgasbank
Winetime, a Ukrainian food market chain, issues debut bonds worth ₴400M. The National Securities and Stock Market Commission has registered the debut issue of interest-bearing unsecured A series bonds by the Winetime gastromarket chain, controlled by Asnova Holding. In tot... #BondSalesUkraine #BondsUkraine #retailUkraine #Winetime
US and German securities have entered circulation in Ukraine, and foreigners can buy Ukrainian bonds online. As the Ministry of Finance clarified, “This became possible thanks to the joint efforts of the Ministry of Finance, the National Securities Commission, the NBU, and the ICU financial group, whic... #BondsUkraine #financeUkraine #GermanSecurities #OVDPselling #USsecurities
Since the war, Ukrainians and businesses have increased their purchases of military bonds by 59%, while communities have spent only 1.1%. According to the Ministry of Finance, as of September 20 Ukraine’s citizens increased the OVDP portfolio by ₴22.2B (by 87%) to ₴ 47.7B. Legal entities increased their security purchases by ₴39.9... #BondsUkraine #financeUkraine #OVDPselling
Since the war began, bonds tied to Ukraine’s GDP have increased in value to the highest level. The price of Ukraine’s GDP warrants, according to the results of the September 8 auction, increased by approximately two percentage points – up to 49.2% of the nominal value. This is the h... #AnthonyBlinken #BondsUkraine #financeUkraine #UkraineEconomy #UkraineSecurities
The Cabinet of Ministers agreed on the restructuring terms for the Naftogaz Eurobonds due in July 2022 and November 2026. “This brings the company one step closer to fulfilling its obligations to investors,” said Oleksiy Chernyshov, Chairman of the Board of Naftogaz. The solicitation to amend the terms of the $335M... #BondsUkraine #Naftogaz #NaftogazBonds #OleksiyChernyshov
Fitch confirmed Ukraine’s rating at CC and the hryvnia at CCC-. Fitch Ratings has confirmed Ukraine’s long-term Issuer Default Rating (IDR) in foreign currency at the CC level, the agency said on its website. The confirmation of Ukraine’s IDR in foreig... #BondsUkraine #EuroBondsUkraine #FitchRatings #HryvniaRating #UkraineRating
A Ukrainian private delivery company has issued bonds for UAH 800M. The National Securities Commission registered a report on the results of the issue of Nova Poshta’s interest-bearing unsecured series D bonds totaling UAH 800M without a public offer. The face value o... #BondsUkraine #novaposhta #NovaPoshtaBonds
NovaPay will issue 3-year bonds worth UAH 100M at 20% annually. On April 14, the Ukrainian postal and courier company’s payment system NovaPay will begin public placement of the debut issue of three-year bonds for UAH 100M ($2.73M). The bonds are issued with one c... #BondsUkraine #NovaPay
The Ukrainian budget deficit in March decreased to UAH 59.2B from UAH 88.8B in February. According to the Ministry of Finance the state budget operated during the first three months of the year with a deficit of UAH 220.3B ($6.1B). At the same time, the actual state borrowing for the budg... #BondsUkraine #financialaidforUkraine #UkraineBudgetDeficit
In 2023, the government will pay the NBU more than UAH 80B in bond interest payments. The National Bank of Ukraine expects to receive UAH 81.7B in coupon payments for military bonds purchased from the Ministry of Finance in 2022 if the discount rate remains at 25%, the bank said. From ... #BondsUkraine #GovernmentBondsPayment #nbu
Foreign investors can only withdraw interest on Ukrainian government bonds abroad. The National Bank of Ukraine will only allow foreign investors to withdraw interest on OVDPs received after April 1, 2023. The central bank postponed the decision on repatriating the principal amount ... #BondsInterest #BondsUkraine #OVDPselling
The Ministry of Finance has increased revenues from the sale of bonds to UAH 5.6B. On March 21, the Ministry of Finance attracted UAH 5.6B to the state budget at auctions for the sale of military bonds for the domestic state loan, thanks to the placement of currency bonds. According... #BondsUkraine #OVDPselling
Banks’ demand for “reserve” OVDP bonds has allowed the Ministry of Finance to attract UAH 16B to the budget. According to Ministry of Finance data, UAH 61.74M was received from the sale of annual hryvnia bonds at 18.5% per annum. In addition, the Ministry placed bonds with a 20-month maturity for UAH 14.2M a... #BondsUkraine #nbu #OVDPselling
The Ministry of Finance paid off 1-year military bonds worth more than UAH 27B. On March 1, the Ministry of Finance paid off 1-year military OVDP bonds worth more than UAH 27B, issued at OVDP auctions on March 1, 2022. The ministry reminded observers that a year ago, at the first... #BondsUkraine #Ukrainemilitarybonds
Over the past year, the budget received UAH 164B and more than 3 billion in foreign currency from the sale of OVDP bonds. According to the National Bank of Ukraine, the Ministry of Finance placed UAH 164.385B worth of hryvnia government bonds last year, which is 42.9% less than in the same period of 2021. Also, the gover... #Bondssale #BondsUkraine #nbu
Banks’ demand for benchmark bonds brought UAH 23.5B to the budget. On January 10, the Ministry of Finance attracted UAH 23.52B to the state budget from the sale of domestic government bonds due to growing demand from banks. According to the Ministry of Finance, UAH 2... #BondSalesUkraine #BondsUkraine #nbu
Rates on short-term hryvnia bonds increased. The Ministry of Finance attracted UAH 13.35B at auctions for the sale of military bonds on November 1. According to the Ministry of Finance, revenues from the placement of hryvnia-denominated governm... #BondsUkraine #hryvniabonds
Ukrainian bonds have lost up to 20% of their nominal value. Last week, Ukrainian Eurobonds continued to fall amid news of the pseudo-referendums and illegal annexation of Ukrainian territories. According to Bloomberg data, dollar-denominated Eurobonds maturing... #BondsUkraine #EuroBondsUkraine
Holders of Ukraine’s GDP warrants approve the restructuring proposal. Holders of 91% of the notional value of GDP warrants in circulation have approved Ukraine’s proposal to postpone payments and revise their terms. It is noted that holders of approximately 93% of... #BondsUkraine #EuroBondsUkraine #GDPinUkraine
Military bonds can be purchased through the e-government Diia app. The portal and Diia application will be replenished with new features, including buying military bonds and accessing some e-notary services, said Minister of Digital Transformation Mikhail Fedorov. Th... #Bonds #BondsUkraine #DIIA #DIIAapp #militarybonds
Ukraine’s Eurobonds rose by 10% in two days. Ukrainian Eurobond prices rose by an average of 7.5% on May 18, when new EU macro-financial assistance to Ukraine was announced, reported Interfax-Ukraine. Given the proximity of the payment deadline,... #BondsUkraine #eurobonds #ukrainebonds
The Ministry of Finance sold only UAH 66M in bonds. The Ministry of Finance was able to raise only UAH 66M ($2.36M) at the domestic government bond auction. Investors were offered only two issues of hryvnia IGLBs with a maturity of six months and a yea... #Bondmarket #BondsUkraine #ukrainebonds
The Ministry of Finance has sold bonds valued at UAH 12.7 bln. The results of the placement of domestic government bonds (IGLBs) on November 30, 2021, raised UAH 12,74 bln ($472 mln) for the state budget. #Bonds #BondsUkraine #UkraineGovernemntBonds
The Ministry of Finance sold government bonds to the value of nearly UAH 7 billion. Raising UAH 6.962 billion at the auction for the placement of domestic government bonds, as reported on the Ministry’s Facebook page. Investors were offered five issues of securities in hryvnia ... #BondsUkraine #GovernmentBonds #UkraineBonds2021 #UkraineBondssale
Faced with big bond redemptions this week, the Finance Ministry on Tuesday made the biggest bond sales of the year — $358.6 million and 15.9 million hryvnia, or $580 million. Interest rates were virtually unchanged on the hryvnia bonds, ranging from 8.42% for 3-month bonds and 12.3% on 3-year bonds. For doll... #BondMarketUkraine #BondSalesUkraine #BondsUkraine
The Finance Ministry raised yields yesterday on hryvnia bonds by 20 to 73 basis points. The auction raised the equivalent of $164 million which was almost three times the amount of the previous week. In yesterday’s auction, 96% of purchases were for 1-year bonds, which carried yields of ... #BondsUkraine #hryvniabonds #YieldsRise
The escalating military standoff with Russia is cutting foreign demand for domestic government bonds, Yuriy Geletiy, a deputy governor of the National Bank of Ukraine, told reporters yesterday. “Prior to Russia’s concentration in the East, investors were actively buying IGLBs,” he said, referrin... #BondsUkraine #GovernmentBonds #nbu
