Finance Ministry holds 4th auction for exchange of government bonds for UAH 15.5 billion

On October 22, the Ministry of Finance of Ukraine held the fourth auction for the exchange (switch-auction) of domestic government loan bonds.

This was announced in a statement by the Ministry of Finance, Ukrainian News Agency reports.

Demand from market participants was high - 21 applications were submitted for a total amount of UAH 17 billion, of which applications for UAH 15.5 billion were satisfied.

Investors were offered to exchange bonds maturing on November 5, 2025 for new securities with a maturity date of July 25, 2029.

The new issue has a yield of 14.89% per annum and provides for a coupon payment of UAH 74.45 for each bond every six months.

According to the results of the auction, the weighted average yield of the placed bonds was 14.89%, and the maximum yield was 15.00%.

All investor applications were satisfied.

As part of the exchange, bonds with a maturity date of November 5, 2025 in the amount of UAH 14.18 billion (14,184,871 units) will be credited to the Ministry of Finance for redemption and cancellation.

As Ukrainian News Agency earlier reported, in September 2025, the Ministry of Finance attracted UAH 52.5 billion to the budget in the equivalent of: UAH 33.9 billion - hryvnia securities (16.97% per annum), USD 357 million - foreign currency government bonds (4.09% per annum), EUR 81 million - Eurobonds (3.19% per annum).

The Ministry of Finance holds auctions every Tuesday.

The face value of one bond is UAH 1,000, USD 1,000, or EUR 1,000.