Ukraine Government Bonds

last update: 07.04.2026 18:18

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 April 15, 2026
UAH (hryvnia)
UAH (hryvnia)UA4000190441UA4000196349UA4000196398
Circulation term (days)
Circulation term (days)411043044850
Yield level (%)
Yield level (%)11,836,006,00
Coupon rate
Coupon rate59,1530,0030,00
Quantity
Quantity1 000 0004 000 0004 000 000

UAH (hryvnia)
UAH (hryvnia)UA4000225833UA4000233704UA4000235196
Circulation term (days)
Circulation term (days)54608611092
Yield level (%)
Yield level (%)11,0016,1717,80
Coupon rate
Coupon rate110,0080,8589,00
Quantity
Quantity20 000 00014 703 81619 039 027

UAH (hryvnia)
UAH (hryvnia)UA4000236624
Circulation term (days)
Circulation term (days)413
Yield level (%)
Yield level (%)16,35
Coupon rate
Coupon rate81,75
Quantity
Quantity15 354 647
  • 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 April 7, 2026
UAH (hryvnia)
UAH (hryvnia)
ISIN
ISINUA4000239016UA4000239008
Bond offering number
Bond offering number3940
Payment date for purchased bonds
Payment date for purchased bonds08.04.202608.04.2026
Bonds maturity
Bonds maturity21.07.202714.06.2028
Volume of issued bonds (mln. UAH)
Volume of issued bonds (mln. UAH)2000,02000,0
Volume of applications received (mln. UAH)
Volume of applications received (mln. UAH)1335,2626,4
Minimum yield of submitted applications (%)
Minimum yield of submitted applications (%)15,1015,70
Maximum yield of submitted applications (%)
Maximum yield of submitted applications (%)15,3015,87
Marginal yield level (%)
Marginal yield level (%)15,1515,87
Weighted average yield level (%)
Weighted average yield level (%)15,1515,87
Volume of bonds sold (mln. UAH)
Volume of bonds sold (mln. UAH)585,2626,4
Including for non-competitive bids (mln. UAH)
Including for non-competitive bids (mln. UAH)76,09,5
Bid-to-cover Ratio
Bid-to-cover Ratio2,31,0
Funds raised in the government budget (mln. UAH)
Funds raised in the government budget (mln. UAH)603,5655,4
  • ISIN – International Securities Identification Number