The Ministry of Finance received ₴552B from the sale of bonds; Ukrainians have doubled their investments in OVDP.

Since the beginning of martial law, it has been possible to attract more than ₴1.2T to the state budget by issuing OVDP bonds. The government raised ₴552.6B ($14.5B) in 2023.

The Ministry of Finance noted that since the beginning of the war, Ukrainians have significantly increased their investment in government bonds. The volume of investments by legal entities has increased by 70% to ₴139B, and individuals have increased their investments by more than 100% to ₴53.3B.

The convenience of the newly launched Diia platform’s ability to purchase military bonds since October 2022 has allowed Ukrainians to buy ₴2.8B in state securities. The financial department explains the interest in such investments is the yield on OVDP, which significantly exceeds the inflation rate. For example, in December the hryvnia’s actual weighted average bond yield was 12.1% per annum. The NBU (43.5%) and other banks (41.5%) remain the largest holders of OVDP.