Ukraine Government Bonds

last update: 28.10.2025 18:36

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:

Maturity of government bonds 5 Nov 2025
UAH (hryvnia)
UAH (hryvnia)UA4000227201
Circulation term (days)
Circulation term (days)980
Yield level (%)
Yield level (%)19,75
Coupon rate
Coupon rate98,75
Quantity
Quantity20 060 146

Government bonds interest payment on November 5, 2025
UAH (hryvnia)
UAH (hryvnia)UA4000190383UA4000227201UA4000228381
Circulation term (days)
Circulation term (days)39569801162
Yield level (%)
Yield level (%)11,8919,7519,18
Coupon rate
Coupon rate59,4598,7595,90
Quantity
Quantity500 00020 060 14619 522 676

UAH (hryvnia)
UAH (hryvnia)UA4000233712
Circulation term (days)
Circulation term (days)1064
Yield level (%)
Yield level (%)16,46
Coupon rate
Coupon rate82,30
Quantity
Quantity15 043 089
  • 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 October 28, 2025
UAH (hryvnia)
UAH (hryvnia)
ISIN
ISINUA4000237556UA4000237416UA4000237424
Bond offering number
Bond offering number148146147
Payment date for purchased bonds
Payment date for purchased bonds29.10.202529.10.202529.10.2025
Bonds maturity
Bonds maturity15.11.202818.11.202623.06.2027
Volume of issued bonds (mln. UAH)
Volume of issued bonds (mln. UAH)5000,05000,05000,0
Volume of applications received (mln. UAH)
Volume of applications received (mln. UAH)2655,01851,91961,1
Minimum yield of submitted applications (%)
Minimum yield of submitted applications (%)17,7016,3017,00
Maximum yield of submitted applications (%)
Maximum yield of submitted applications (%)17,8016,3517,10
Marginal yield level (%)
Marginal yield level (%)17,8016,3517,10
Weighted average yield level (%)
Weighted average yield level (%)17,8016,3517,10
Volume of bonds sold (mln. UAH)
Volume of bonds sold (mln. UAH)2655,01851,91961,1
Including for non-competitive bids (mln. UAH)
Including for non-competitive bids (mln. UAH)511,8430,0505,1
Bid-to-cover Ratio
Bid-to-cover Ratio1,01,01,0
Funds raised in the government budget (mln. UAH)
Funds raised in the government budget (mln. UAH)2863,01985,32075,7

  • ISIN – International Securities Identification Number