This year, the sale of state debt securities replenished the budget with ₴400B.

Wednesday, October 4, 2023
This year, the sale of state debt securities replenished the budget with ₴400B.

In the nine full months of the year, the Ukrainian government raised almost ₴400B ($11B) in equivalent from the placement of OVDP bonds at auctions. In total, more than ₴650B has been raised during martial law, the National Bank reported.

It is noted that in September, the maximum yield of OVDP placed at auctions was 19.20% per annum in hryvnias, 4.80% per annum in US dollars, and 3.25% per annum in euros. The National Bank specified that the largest volume of these securities, as before, is concentrated in banks – primary dealers.

The second largest in terms of volume is the portfolio of military bonds owned by citizens and businesses of Ukraine. The total portfolio of military bonds owned by individuals and legal entities as of October 1 is ₴58.3B in equivalent versus ₴34.5B in equivalent as of January 1, 2023. The volume of military bonds of the domestic state loan owned by non-residents as of October 1 amounted to ₴14.3B, $23.1M, and €0.1M, having increased by more than 400% since the beginning of the year.

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