Ukraine Government Bonds

last update: 24.02.2026 18:09

Domestic government loan bonds of Ukraine (also known as government bonds) are government securities issued on the domestic stock market. Government bonds represent Ukraine’s obligations to reimburse their holders for the nominal value and to pay interest in accordance with the terms of issuance.

Government bonds are issued by the Ministry of Finance of Ukraine and sold to dealers and their clients on the primary market to finance the needs of the state budget. Trading in government bonds in Ukraine is carried out exclusively in electronic form. The National Bank of Ukraine (NBU) acts as the depository of government bonds, i.e., the institution responsible for maintaining their centralized electronic records.

Government bonds are considered the most reliable securities in Ukraine, as their full repayment (100% of the nominal amount) is guaranteed by the state.

Current and upcoming events (repayment and interest payment) on government bonds:

Government bonds interest payment on February 25, 2026
UAH (hryvnia)
UAH (hryvnia)UA4000199855UA4000229116UA4000231195
Circulation term (days)
Circulation term (days)552912041204
Yield level (%)
Yield level (%)8,7518,8717,50
Coupon rate
Coupon rate43,7594,3587,50
Quantity
Quantity2 875 06019 349 30720 000 000

Maturity of government bonds 26 Feb 2026
USD (US dollar)
USD (US dollar)UA4000234363
Circulation term (days)
Circulation term (days)386
Yield level (%)
Yield level (%)4,54
Coupon rate
Coupon rate22,70
Quantity
Quantity450 000

Government bonds interest payment on February 26, 2026
USD (US dollar)
USD (US dollar)UA4000234363
Circulation term (days)
Circulation term (days)386
Yield level (%)
Yield level (%)4,54
Coupon rate
Coupon rate22,70
Quantity
Quantity450 000
EUR (Euro)
EUR (Euro)UA4000237077
Circulation term (days)
Circulation term (days)518
Yield level (%)
Yield level (%)3,19
Coupon rate
Coupon rate15,95
Quantity
Quantity87 316
  • Term is the period of circulation (up to a year – short-term, from a year to 5 years – medium-term, over 5 years – long-term)
  • Yield – the annual coupon income divided by the nominal value of a security
  • Coupon (coupon rate) is the amount of coupon payment per bond
  • Quantity is the number of securities in the issue

Nominal value – the face value of one bond, which is 1,000 monetary units in the currency of denomination.

Recent results of offering of government bonds on the primary market:

Government bonds auctions on February 24, 2026
UAH (hryvnia)
UAH (hryvnia)
ISIN
ISINUA4000238976UA4000238984UA4000238968
Bond offering number
Bond offering number242625
Payment date for purchased bonds
Payment date for purchased bonds25.02.202625.02.202625.02.2026
Bonds maturity
Bonds maturity24.03.202724.10.202907.03.2029
Volume of issued bonds (mln. UAH)
Volume of issued bonds (mln. UAH)2000,08000,02000,0
Volume of applications received (mln. UAH)
Volume of applications received (mln. UAH)9149,712880,516391,9
Minimum yield of submitted applications (%)
Minimum yield of submitted applications (%)15,1012,6015,95
Maximum yield of submitted applications (%)
Maximum yield of submitted applications (%)15,4014,1416,79
Marginal yield level (%)
Marginal yield level (%)15,2813,1016,30
Weighted average yield level (%)
Weighted average yield level (%)15,2212,9516,26
Volume of bonds sold (mln. UAH)
Volume of bonds sold (mln. UAH)2000,08000,02000,0
Including for non-competitive bids (mln. UAH)
Including for non-competitive bids (mln. UAH)600,05487,5600,0
Bid-to-cover Ratio
Bid-to-cover Ratio4,61,68,2
Funds raised in the government budget (mln. UAH)
Funds raised in the government budget (mln. UAH)2140,88373,12217,7

USD (US dollar)
USD (US dollar)
ISIN
ISINUA4000238356
Bond offering number
Bond offering number27
Payment date for purchased bonds
Payment date for purchased bonds25.02.2026
Bonds maturity
Bonds maturity12.08.2027
Volume of issued bonds (mln. UAH)
Volume of issued bonds (mln. UAH)200,0
Volume of applications received (mln. UAH)
Volume of applications received (mln. UAH)480,5
Minimum yield of submitted applications (%)
Minimum yield of submitted applications (%)3,69
Maximum yield of submitted applications (%)
Maximum yield of submitted applications (%)3,97
Marginal yield level (%)
Marginal yield level (%)3,85
Weighted average yield level (%)
Weighted average yield level (%)3,80
Volume of bonds sold (mln. UAH)
Volume of bonds sold (mln. UAH)200,0
Including for non-competitive bids (mln. UAH)
Including for non-competitive bids (mln. UAH)60,0
Bid-to-cover Ratio
Bid-to-cover Ratio2,4
Funds raised in the government budget (mln. UAH)
Funds raised in the government budget (mln. UAH)200,8
  • ISIN – International Securities Identification Number