Investments in Ukrainian government bonds increased by 40% over the year: Ministry of Finance
In June 2025, the Ministry of Finance of Ukraine raised UAH 37.1 billion from the placement of government bonds. The volume of investments from legal entities and individuals for the year (from July 1, 2024 to July 1, 2025) increased by 40%. About this reported in the Ministry of Finance.
As of July 1, over 1.84 trillion UAH of domestic state loan bonds (OVDP) are in circulation. Commercial banks have the largest share among owners of OVDPs — 46.1%, as well as the National Bank of Ukraine — 36.6%. Legal entities own 10.1% of the total volume, individuals – 5.1%. The share of non-residents is 1.1%, insurance companies – 1%, and territorial communities – 0.03%.
Compared to the previous year, the share of individuals in the OVDP structure increased: from 3.6% in July 2024 to 5.1% at the beginning of July 2025. The total amount of such investments reached UAH 94.3 billion. In June, the weighted average yield of hryvnia government bonds was 16.37%. Since the beginning of the year, about UAH 240 billion has already been attracted to the state budget from the placement of OVDP bonds. In general, since the beginning of martial law, the Ministry of Finance has attracted more than UAH 1.6 trillion in equivalent through auctions for the placement of government bonds.
We will remind you that at the end of April, the Ministry of Finance lowered the yield rate for the new issue of annual dollar government bonds. Record demand from banks for dollar bonds of the domestic government loan contributed to a decrease in their yield.
During the initial bond auction, which took place on Tuesday, April 29, the clipping rate for the dollar notes was 4.25% per annum and the weighted average yield was 4.17%. For comparison: at the previous auction on March 25, the Ministry of Finance placed dollar bonds with a maturity of 11 months at 4.5% per annum.
