Govt raises almost UAH 1.4T from sale of government bonds since war began

That is according to the National Bank of Ukraine, Ukrinform reports.

“In total, from the onset of the full-scale invasion of Ukraine through 30 November 2024, the government raised an equivalent of more than UAH 1,397 billion, in particular: UAH 991,031.4 million, USD 8,345.4 million, and EUR 2,468.0 million through primary auctions,” the statement says.

As noted, the government allocated UAH 649,642.4 million, USD 8,612.3 million, and EUR 2,168.9 million to redeem domestic government debt securities.

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In January-November 2024, the Ministry of Finance's borrowings on the domestic debt market exceeded repayments on domestic government bonds by almost UAH 219.8 billion (in equivalent). The rlover of investments in domestic government bonds during this period was 150%.

In November 2024, the maximum yield on domestic government debt securities offered at auctions was 16.80% per annum for hryvnia-denominated bonds and 4.62% per annum for U.S. dlar-denominated bonds. Domestic government debt securities denominated in euros were not placed in November.

As reported by Ukrinform, the Finance Ministry does not anticipate any risks in securing the planned amount of borrowing in the domestic market as envisaged in the 2025 state budget.