As of August 14, the total investment by individuals in domestic government bonds exceeded ₴100B for the first time in Ukraine’s history, reaching a record ₴100.2B ($2.45B). In just one day, the total of citizens’ investments increased by more than ₴0.5B. More than half of the portfolio consists of hryvnia bonds, totaling ₴55.15B ($1.3B) or 55.03%. The remainder is made up of foreign currency government bonds: US dollars – ₴40.31B ($980M) or 40.23%, euros – ₴4.74B ($11M) or 4.73%.
During the full-scale war, Ukrainians’ investment in government bonds increased by about 300%, from ₴25B at the start of 2022 to over ₴100B currently. The annual growth rates are as follows: 2022 (+20%), 2023 (+77%), 2024 (+47%), and since the beginning of 2025 (+28%).
The largest investors in government bonds continue to be banks with 47% of the total volume of over ₴1.876T, the NBU – 35.76%, legal entities – 9.81%, individuals – 5.34%, insurance companies – 1.04%, and non-residents – 1.04%.