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The Ministry of Finance has raised a record amount from the issue of government bonds

Photo: Ministry of Finance

Since the beginning of 2024, the amount of money raised by government bonds has reached almost UAH 500 billion, and during the entire period of martial law exceeded UAH 1.3 trillion.

In October, the Ministry of Finance obtained a record amount from the issue of domestic government bonds (OVDP) – equal to 106.9 billion UAH, of which 82.8 billion UAH were war bonds. The department announced this on Tuesday, November 5.

It is indicated that since the beginning of 2024, the amount of money raised through government bonds reached almost UAH 500 billion, and during the entire period of martial law exceeded UAH 1.3 trillion. The refinancing rate for January-October 2024 improved to 158% compared to 145% for the same period last year.

The funds are used to meet the financial needs of the state under martial law, including security and defense sector costs, the statement said.

As of November 1, government bonds worth more than 1.76 trillion were in circulation. The main owners remain commercial banks (46.7%) and the NBU (38.5%). Smaller shares belong to legal entities (8.4%), individuals (4%), non-residents (1.3%) and other market participants.

The yield on hryvnia government bonds in October was 15.6%, and on dollars – 4.62%.

Earlier it became known that the Ukrainians began to buy more bonds. This trend has been going on for several months now.


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Source: korrespondent

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