According to the NBU Depository, since russia launched its full-scale invasion of Ukraine, the government raised UAH 129,732.4 million, USD 1,445.9 million, and EUR 977.3 million from placement of domestic government debt securities through auctions and allocated UAH 198,955.2 million, USD 2,090.2 million, and EUR 662.6 million for redemption of domestic government debt securities.
From April through August, in October, and in early December, the government repaid more than borrowed in the domestic debt market, specifically, by UAH 15,672.5 million in the first fortnight of December. On the other hand, in March, September, and November the government raised larger amount than it spent to redeem domestic debt bonds.
Last week, the Ministry of Finance raised the interest rate on a number of hryvnia domestic government debt securities, with the maximum yield reaching 19.5% p.a. Over the period under martial law, the government also increased the interest rates on a number of U.S. dollar domestic government debt securities, with the maximum yield being at 4.5% p.a., and on euro war bonds, with the maximum yield reaching 3% p.a.
Today, everyone can purchase war bonds and strengthen the financial defense of Ukraine.
Find below detailed statistics by NBU Depository on war bonds offered through auctions, as of 12 December.
As before, primary dealers – banks – hold the largest portfolio of war bonds.
The second-large portfolio of war bonds is held by Ukrainians and domestic businesses. It comprises
- UAH 16,283.5 million or 17.4% of the total value of purchased domestic currency-denominated war bonds (UAH 16,186.4 million or 17.3% as of 5 December)
- USD 247.0 million or 27.4% of the total value of U.S. dollar-denominated war bonds (USD 245.9 million or 27.3% as of 5 December)
- EUR 85.1 million or 17.0% of the total value of euro-denominated war bonds (EUR 64.5 million or 14.5% as of 5 December).
Nonresidents hold over UAH 2,241.1 million and USD 9 million in domestic government debt securities.
Find out more about the military domestic government debt securities here. The table presents data at the amortized face value.
On 22 March 2022, the NBU began to publish weekly statistics of the NBU Depository related to war bond transactions. Previous data are available by tag war bonds.
Differences between the amounts raised in auctions to sell war bonds and redemptions on domestic debt instruments are presented in U.S. dollar equivalent at the NBU’s official exchange rates.