Within over a month from russia’s full-scale invasion of Ukraine, the Ministry of Finance of Ukraine held eight auctions to sell war bonds. According to the NBU Depository, the auctions helped raise almost UAH 26 billion and nearly USD 12 million to the state budget by 28 March 2022.
Primary dealer banks traditionally hold the largest portfolio of military domestic government debt securities. However, the trading volume in the secondary market has been growing fast. Last week it reached UAH 6.6 billion.
As of 28 March, over 3,000 Ukrainians and Ukrainian businesses purchased nearly UAH 4.5 billion and USD 1.6 million of military domestic government debt securities.
The NBU appeals to everyone to support the state budget of Ukraine and strengthen its financial defense.
More about the military domestic government debt securities can be found here. Please note that the table presents data at amortized face value.
On 22 March 2022, the NBU began to publish weekly statistics of the NBU Depository related to war bond transactions. Data as of 21 March 2022 are available here.