Ukraine Government Bonds

last update: 03.12.2025 15:27

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 24 Dec 2025
UAH (hryvnia)
UAH (hryvnia)UA4000192686
Circulation term (days)
Circulation term (days)3617
Yield level (%)
Yield level (%)6,00
Coupon rate
Coupon rate30,00
Quantity
Quantity3 000 000

Government bonds interest payment on December 24, 2025
UAH (hryvnia)
UAH (hryvnia)UA4000190870UA4000192686UA4000196745
Circulation term (days)
Circulation term (days)397736173603
Yield level (%)
Yield level (%)11,946,006,00
Coupon rate
Coupon rate59,7030,0030,00
Quantity
Quantity500 0003 000 0003 022 001

UAH (hryvnia)
UAH (hryvnia)UA4000234215UA4000237424
Circulation term (days)
Circulation term (days)525623
Yield level (%)
Yield level (%)15,1017,10
Coupon rate
Coupon rate75,5085,50
Quantity
Quantity19 939 43016 894 686
  • 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 November 18, 2025
USD (US dollar)
USD (US dollar)
ISIN
ISINUA4000237994
Bond offering number
Bond offering number
Payment date for purchased bonds
Payment date for purchased bonds
Bonds maturity
Bonds maturity01.07.2027
Volume of issued bonds (mln. UAH)
Volume of issued bonds (mln. UAH)
Volume of applications received (mln. UAH)
Volume of applications received (mln. UAH)
Minimum yield of submitted applications (%)
Minimum yield of submitted applications (%)
Maximum yield of submitted applications (%)
Maximum yield of submitted applications (%)
Marginal yield level (%)
Marginal yield level (%)
Weighted average yield level (%)
Weighted average yield level (%)4,01
Volume of bonds sold (mln. UAH)
Volume of bonds sold (mln. UAH)
Including for non-competitive bids (mln. UAH)
Including for non-competitive bids (mln. UAH)
Bid-to-cover Ratio
Bid-to-cover Ratio
Funds raised in the government budget (mln. UAH)
Funds raised in the government budget (mln. UAH)
  • ISIN – International Securities Identification Number