In July 2024, Ukrainian businesses increased their investments in government bonds by UAH 10.6 billion, and citizens by UAH 5.2 billion compared to June. This was reported by the press service of the Ministry of Finance of Ukraine.
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Turnover
As of August 1, there are over UAH 1.67 trillion in government bonds in circulation. The largest share is held by commercial banks (43.4%) and the NBU (40.7%). The share of legal entities and individuals has increased compared to the previous month and is 10.2% (+0.5%) and 3.8% (+0.2%), respectively. The share of non-residents is 1.9%, and that of territorial communities is 0.04%.
Payments
Payments on the repayment of government bonds amounted to UAH 10.2 billion in July. The level of refinancing in government bonds since the beginning of the year is 146%. That is, the Ministry of Finance attracts almost twice as much as it repays.
Yield
The average weighted yield of government bonds denominated in hryvnia in July was 15.08%, and denominated in dollars – 4.66%. Government bonds continue to be the most attractive investment instrument on the market.
In July 2024, the Ministry attracted UAH 38 billion in equivalent from the issue of government bonds — UAH 26.4 billion and $285.7 million.
UAH 35.5 billion out of the total volume of government bonds issued in July are military bonds. The funds raised are aimed at ensuring the uninterrupted provision of the state's financial needs under martial law.
In January-July 2024, the Ministry of Finance of Ukraine attracted UAH 289.3 billion in equivalent from the placement of government bonds at auctions. For the war state — 1.1 trillion UAH in equivalent.
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