Business news from Ukraine

Business news from Ukraine

NUMBER OF BUYERS OF MILITARY BONDS AMONG POPULATION AND BUSINESS INCREASES TO 1.7 THOUSAND LAST WEEK

25 April , 2022  

The number of buyers of domestic government bonds (OVGZ) among the population and businesses increased to 1.7 thousand last week from 1.5 thousand a week earlier.
As reported on the website of the National Bank of Ukraine (NBU) on Monday, citing data from the depository, the purchase amounted to about UAH 0.3 billion, $24 million and EUR3.2 million, compared to about UAH 0.3 billion, $1.4 million, respectively. and EUR0.1 million the week before last.
“As of April 25, more than 9.1 thousand citizens and business representatives of Ukraine became owners of military government bonds in the amount of about UAH 5.8 billion, $36 million and EUR25.2 million,” the National Bank said.
The regulator recalled that since the placement of military government bonds on March 1 at 20 primary auctions, the Ministry of Finance was able to attract about UAH 36.6 billion, $93.8 million and EUR176.5 million to the state budget.
“The largest portfolio of military government bonds is still concentrated among primary dealer banks,” the NBU specified.
According to him, the volume of investments by non-residents has remained stable over the past few weeks – more than UAH 50 million.
As reported, the total volume of issuance of military bonds is up to UAH 400 billion. They can be bought by the National Bank, which has already purchased these securities under a separate procedure for UAH 60 billion, including UAH 20 billion last week and the week before last.
The nominal rate on hryvnia government bonds is 10-11% per annum, on dollars – 3.7%, on euros – 2.5%. The term of circulation is up to 15 months.

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