Government Raised 56 Billion UAH from Domestic Government Bonds in 2026
In January-July 2026, the Ukrainian government raised 254.9 billion UAH from the placement of hryvnia-denominated domestic government bonds (OVGZ), while 198.9 billion UAH was directed towards bond repayments. The net attraction amounted to about 56 billion UAH. In foreign currency, the government raised 452 million dollars and 696.7 million euros, while 650 million dollars and 557.8 million euros were allocated for bond repayments. For dollar-denominated OVGZ, the volume of repayments exceeded new borrowings by 198 million dollars, while for euro bonds, the net attraction amounted to 138.9 million euros. Since the beginning of the full-scale invasion until July 31, 2026, the government raised 1.737 trillion UAH, 11.24 billion dollars, and 3.94 billion euros at primary auctions, while 1.194 trillion UAH, 12.15 billion dollars, and 3.48 billion euros were directed towards repayments. The maximum yield of bonds in July was 16.49% in hryvnia and 3.2% in euros. As of August 3, the portfolio of OVGZ owned by legal entities amounted to 1.176 trillion UAH, individuals held bonds worth 159.3 billion UAH, and non-residents held 18.6 billion UAH. The portfolio of military bonds among the population increased from 73.1 billion UAH to 109.1 billion UAH, rising by 49%. In July, the Ministry of Finance repaid military bonds worth 368.92 million euros.
-- Price
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