Volumes of government bonds that are in circulation

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.

• See also: https://mof.gov.ua, https://bank.gov.ua

The following is a summary of all government bonds in circulation, divided by category: according to the owners, and according to the currency in which the bonds are denominated.

Here is the graphical data for the last two years:

Finally, the graphs show the total amounts of government bonds held by non-residents of Ukraine and the national bank exchange rate of the US dollar for the same period (from the beginning of 2019). It turns out to be an interesting picture.