The military bonds have generated UAH 429B for the state treasury,

the National Bank said. In April 2023, payments on bonds of the domestic state loan exceeded borrowing on the domestic debt market by UAH 6.3B. At the same time, during January-April the corresponding balance was positive and amounted to more than UAH 61B. As a result, the maximum return on military bonds placed in April was 19.6% per annum in hryvnias and 4.85% per annum in US dollars.

As before, the largest volume of these securities is concentrated in banks and other primary dealers. The second largest in terms of volume is the portfolio of military bonds owned by citizens and businesses of Ukraine. The amount of military bonds owned by non-residents is UAH 4.9B and $500,000. In April, the Ministry of Finance repaid government bonds denominated in hryvnias for UAH 17.9B and  $270.7M.