Ukrainians continue to increase their investments in government bonds: investments increased by more than 50% to UAH 122 billion over year.
This is stated in the materials of the Ministry of Finance, Ukrainian News Agency reports.
In February, the Ministry of Finance of Ukraine held 12 auctions and attracted UAH 56.7 billion in equivalent to the state budget. The weighted average yield was 14.3% per annum in hryvnias, 3.14% in US dollars, and 3.8% in euros.
As of February 27, 2026, government bonds worth over UAH 2 trillion were in circulation. The largest share of the portfolio is held by commercial banks — 47.86%, followed by the National Bank of Ukraine — 33.09%. Shares of other investors: legal entities - 10.95%, individuals - 6.07%, insurance companies - 1.19%, non-residents - 0.81%, territorial communities - 0.02%.
Demand from Ukrainians and businesses is growing. In February 2026, investments by legal entities in government bonds were 17.9% higher than in February last year, and by individuals - more than 50%. Currently, Ukrainian citizens hold over UAH 121.85 billion in government securities, legal entities - over UAH 219.93 billion.
In January, the Ministry of Finance also held a switch auction of government bonds. Demand amounted to UAH 10 billion. Investors were offered to exchange bonds maturing on March 18, 2026 for securities maturing on March 7, 2029 (term of circulation - 3 years). As a result, bonds with a shorter maturity were canceled, which allowed to reduce the debt burden of the state budget this year.
As Ukrainian News Agency earlier reported, in 2025, about UAH 570 billion was raised through government bonds auctions for the budget. In conditions of a full-scale war, the domestic government bonds market is the second largest source of financing after external borrowing. In 2026, the Ministry of Finance plans to raise up to UAH 420 billion through government bonds. Since the beginning of the full-scale invasion, more than UAH 2.1 trillion has been raised through internal borrowing.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.