The National Bank of Ukraine will sell government bonds at a 25% rate.

The National Bank is considering the sale of government bonds to increase the attractiveness of hryvnia bonds and deposits, announced the regulator. If the discount rate does not change during the rest of the year, the coupon payment for such bonds will be 25% per annum. For comparison, market government bonds are sold at auctions with rates of 12-16% per annum. Currently, the NBU owns bonds worth UAH 619.57B, which is 48% of all government bonds in circulation. Of this amount, the National Bank bought UAH 315B of government bonds after the beginning of the invasion. The considered transactions would provide an alternative opportunity for market participants (mainly the population and businesses) to buy risk-free hryvnia financial instruments with an attractive yield and flexible maturity to protect hryvnia savings from inflation.