According to the NBU Depository, in January–March 2026, the government of Ukraine raised UAH 142,623.5 million, USD 251.3 million, and EUR 92.0 million from offering domestic government debt securities through auctions and allocated UAH 88,461.0 million and USD 450.0 million for redemption of domestic government debt securities.
In total, from the onset of russia’s full-scale invasion of Ukraine through 31 March 2026, Ukraine’s government raised UAH 1,624,739.2 million, USD 11,042.6 million, and EUR 3,339.2 million through primary auctions and allocated UAH 1,083,615.2 million, USD 11,945.3 million, and EUR 2,921.4 million to redeem domestic government debt securities.
Effective operation of the domestic debt market has been achieved through coordinated efforts by the Government and the National Bank of Ukraine.
Specifically, in 2025, the Ministry of Finance of Ukraine was given more flexibility to provide funding to improve the effectiveness of domestic public debt management: The NBU has ensured settlements for the new type of domestic government debt securities placement: through auctions to place domestic government debt securities with simultaneous exchange for outstanding domestic government debt securities of another issue.
For its part, the government is offering market-based interest rates on domestic government debt securities. Specifically, in March, the maximum yield on domestic government debt securities offered at auctions was 16.20% per annum for hryvnia-denominated bonds, 3.47% per annum for U.S. dollar-denominated bonds. Domestic government debt securities denominated in euros were not placed in March.
As at 1 April 2026, legal persons’ portfolio of domestic government debt securities made an equivalent of UAH 1,203.7 billion in total. Currency distribution of the portfolio:
- UAH 1,112,562.76 million
- USD 1,266.57 million
- EUR 703.46 million.
As at 1 April 2026, individuals’ portfolio of domestic government debt securities made an equivalent of UAH 131.6 billion in total. Currency distribution of the portfolio:
- UAH 82,639.90 million
- USD 941.32 million
- EUR 151.09 million.
Non-residents held an equivalent of UAH 15.7 billion in domestic government debt securities as oft 1 April 2026. Currency distribution of the portfolio:
- UAH 14,608.76 million
- USD 13.10 million
- EUR 10.00 million.
Below are the NBU Depository’s detailed statistics on war bonds offered through auctions
As before, primary dealers – the banks – hold the largest portfolio of war bonds as of 1 April 2026.
The total portfolio of war bonds owned by legal persons (excluding banks) was equivalent to UAH 98.4 billion, as of 1 April 2026, as compared with UAH 102.4 billion as of 1 April 2025.
Currency distribution of the war bonds portfolio held by business entities:
- UAH 71,992.2 million or 25.6% of the total value of hryvnia-denominated war bonds
- USD 383.4 million or 19.5% of the total value of U.S. dollar-denominated war bonds
- EUR 189.0 million or 24.3% of the total value of euro-denominated war bonds.
The total portfolio of war bonds owned by legal persons (excluding banks) was equivalent to UAH 89.3 billion, as of 1 April 2026, as compared with UAH 71.3 billion as of 1 April 2025.
Currency distribution of the war bonds portfolio held by individuals:
- UAH 46,401.0 million or 16.5% of the total value of hryvnia-denominated war bonds
- USD 839.9 million or 42.6% of the total value of U.S. dollar-denominated war bonds
- EUR 119.8 million or 15.4% of the total value of euro-denominated war bonds.
As of 1 April 2026, nonresidents held UAH 5,025.0 million, USD 11.2 million, and EUR 10.0 million in war bonds.
Find out more about the military domestic government debt securities here. The table presents data at amortized face value.
Everyone can purchase war bonds now and strengthen the financial resilience of Ukraine.
On 22 March 2022, the NBU began to publish weekly statistics of the NBU Depository related to war-bond transactions. At the beginning of 2023, the NBU switched to the monthly publication of relevant releases as of the first day of the month. Previous data are available by the tag war bonds