DOMESTIC GOVERNMENT LOAN BONDS (OVDPs) OF UKRAINE

  • State guarantee for 100% of purchased OVDPs.
  • There is no income tax on income received from OVDPs.
  • The possibility of early sale of OVDPs in the secondary market.

Quotation of domestic government loan bonds of Ukraine

Relevant on 02.12.2020

USD
EURO
UAH
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000208417 06.01.2021 99.618 4.0000 99.880 1.2500 SIM
UA4000204861 11.02.2021 101.833 4.0000 102.376 1.2500 SIM
UA4000207898 08.04.2021 100.299 4.0000 100.992 2.0000 SIM
UA4000204069 03.06.2021 105.022 5.0000 106.003 3.0000 YTM
UA4000211502 21.10.2021 98.756 5.5000 100.853 3.0000 YTM
UA4000211114 03.02.2022 99.125 5.5000 101.774 3.1000 YTM
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000208490 13.05.2021 100.066 2.3500 100.663 1.0000 SIM
UA4000213789 04.11.2021 99.710 3.0000 100.606 2.0000 YTM
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000213771 14.04.2021 96.315 10.5000 96.825 9.0000 SIM
UA4000204986 29.09.2021 106.035 11.2500 107.178 9.7500 YTM
UA4000204556 17.11.2021 105.511 11.2500 107.518 9.0000 YTM
UA4000204572 03.08.2022 111.040 12.5000 113.999 10.5000 YTM
UA4000207682 15.02.2023 98.534 12.5000 101.638 10.7500 YTM
UA4000201255 24.05.2023 108.453 12.5000 113.599 10.1000 YTM
UA4000207518 26.05.2027 87.908 13.0000 100.263 10.0000 YTM
* All quotes are indicative and may change during the day

Transactions with domestic government loan bonds (OVDPs) in Privat24

Transactions with domestic government loan bonds (OVDPs) in Privat24

For PrivatBank customers, Privat24 has implemented the following OVDPs opportunities:

  • acquisition of OVDPs online;
  • open an account in securities (documents are formed with the first OVDPs acquisition);
  • view online the balances of acquired OVDPs;
  • generate an OVDPs statement for a selected period of time;
  • control your portfolio in securities, incl. expected coupon payments and cash for repayment of  OVDPs;
  • see the current PrivatBank’s quotes for sale of OVDPs;
  • review the key parameters of OVDPs’ issue;
  • check information on transactions with OVDPs in the stock market;
  • sell OVDPs online, which are recorded on a securities account with a depository institution.

What are the domestic government loan bonds (OVDPs) of Ukraine?

What are the domestic government loan bonds (OVDPs) of Ukraine?

Domestic government loan bonds (OVDPs) are government securities placed exclusively on the domestic market.

OVDPs confirm Ukraine's obligation to repay the nominal value of bonds to the bondholders with payment of income in accordance with the terms of the bond placement.

Who is the issuer of domestic government loan bonds (OVDPs) in Ukraine?

Who is the issuer of domestic government loan bonds (OVDPs) in Ukraine?

The issuer of OVDPs is the Ministry of Finance of Ukraine.

In what form are domestic government loan bonds (OVDPs) issued? Are there OVDPs in hard copies?

In what form are domestic government loan bonds (OVDPs) issued? Are there OVDPs in hard copies?

There are no OVDPs in hard copies. The circulation of bonds in Ukraine is carried out exclusively in ELECTRONIC form. They are recognized in a securities account.

What are the guarantees of domestic government loan bonds (OVDPs)?

What are the guarantees of domestic government loan bonds (OVDPs)?

OVDPs are issued by the Ministry of Finance of Ukraine and are the most reliable securities in Ukraine. Repayment of OVDPs in full (100% of the amount) is guaranteed by the government.

Basic terms and conditions for working with OVDPs

Currency of the product UAH, USD, EUR
Transaction size Transaction amount in Privat24 should be between 100 TUAH to 10 MUAH or the equivalent in foreign currency
Maturity term From 3 months to 5 years
Interest accrual and payment In accordance with the terms of the Issuer

The advantages of OVDPs

Individuals
Legal entities
  • State guarantee for 100% of purchased OVDPs
  • The current yield significantly exceeds the yield on the corresponding deposits
  • No income tax on income received from OVDPs
  • Possibility of early sale of OVDPs on the secondary market
  • Income is paid in foreign currency. The repayment of the amount of investments (on maturity) in currency OVDPs is carried out in foreign currency

Special aspects when buying/selling of domestic government loan bonds (OVDPs) in USD and EUR

Special aspects when buying/selling of domestic government loan bonds (OVDPs) in USD and EUR
  • The acquisition of domestic government loan bonds (OVDPs) issued in foreign currency is carried out in foreign currency or in UAH at the current exchange rate to foreign currency
  • Payment of interest income is carried out by the Ministry of Finance in foreign currency;
  • When the OVDPs are repaid at maturity - the repayment is in USD / EUR;
  • When the client sells bonds before maturity - the sale is in UAH at the current exchange rate to the USD/EUR.

Schedule of placement of domestic government loan bonds (OVDPs)

In national currency
In foreign currency

Days and terms of placement in the fourth quarter of 2020

03.11.2020 10.11.2020 17.11.2020 24.11.2020 01.12.2020 08.12.2020 15.12.2020 22.12.2020 29.12.2020
3 months
1 year
3 years
6 months
1 year
2 years
3 months
1 year
3 years

6 months
1 year
2 years
4 years
3 months
1 year
3 years
6 months
1 year
2 years
3 months
1 year
3 years
6 months
1 year
2 years

3 months
1 years
2 years
4 years

Income taxation of transactions with OVDPs

Individuals
Legal entities

Income consists of:

  • interest income in the form of coupons,
  • investment income (the difference between the proceeds from sale and the expenses on purchasing the security)

The following incomes are excluded from the total monthly (annual) taxable income of a taxpayer:

  • interest income (coupon, redemption discount, p. 165.1.2 of the Tax Code of Ukraine)
  • investment income (p.165.1.52 of the Tax Code of Ukraine)

The amount of income received by a taxpayer in the form of interest accrued on domestic government loan bonds issued by the Ministry of Finance of Ukraine and the investment income from operations with these securities is subject to a military levy..

The basiс schedule of rates of JSC CB PRIVATBANK depositary institution

Individuals
Legal entities
List of operations Proposed cost, UAH Payment terms
Opening of securities account 500,00 UAH or 300,00 UAH (in case of opening an account in electronic form). Separately, for each operation
Domestic government bonds on securities account the total nominal value of which is from UAH 1,000,000.01 /USD 40, 000.01 EUR 35,000.01 to UAH 10,000,000.00 /USD 400,000.00 /EUR 350,000.00
UAH 100.00
The cost is calculated per month
the total nominal value of which is from UAH 10,000,000.01 /USD 400,000.01 EUR 350,000.01 to UAH 50,000,000.00 /USD 2,000,000.00 /EUR 1,700,000.00
UAH 200.00
The cost is provided per month
the total nominal value of which is over UAH 50,000,000.00 /USD 2,000,000.00 /EUR 1,700,000.00
0.00034% of the total nominal value + UAH 200.0
The cost is provided per month
Crediting OVDPs into an account in securities purchased at an auction of the Ministry of Finance of Ukraine from UAH 500,000.01 /USD 20,000.01 EUR 17,000.01 to UAH 50,000,000.00 /USD 2,000,000.00 /EUR 1,700,000.00
300 UAH
Per operation
Crediting OVDPs into an account in securities purchased from the portfolio of CB JSC PrivatBank OVDPs transaction amount up to UAH 1,000,000.00

200 UAH
Per one transaction
OVDPs transaction amount up to USD 50,000.00 / EUR 40,000.00

1,000 UAH
Per one transaction
OVDPs transaction amount more than UAH 1,000,000.00

300 UAH
Per one transaction
OVDPs transaction amount exceeding USD 50,000.01 / EUR 40,000.01

1,200 UAH
Per one transaction
Write-off of OVDPs from a securities account in case of repayment by the Ministry of Finance by the term Free of charge Per one transaction

List of operations

Proposed cost, UAH

Payment terms 

Opening an account in securities (SEC) 700 UAH (500 UAH for opening +200 UAH for the documents’ preparation) Separately for each transaction
Storage of SECs in an account 0.02% of the total face value, but not less than 100 UAH and not more than 1000 UAH + 20 UAH Cost provided per month
Crediting / debiting of SECs to / from the account in SECs 0.02% of the face value, but not less than 400 UAH and not more than 1000 UAH Per one transaction
Payment of income, redemption of SECs 1% of the amount, but not less than 30 UAH and not more than 300 UAH Per one transaction

Full schedule of rates is available here.

Is JSC CB PRIVATBANK a primary dealer on the government securities market in Ukraine?

Is JSC CB PRIVATBANK a primary dealer on the government securities market in Ukraine?

Yes. Based on the results of the meeting of the Commission for the selection and appraisal of the functioning of primary dealers which was held on July 14, 2017, JSC CB PRIVATBANK was selected and was granted the right to sign an agreement with the Ministry of Finance of Ukraine in order to obtain the status of primary dealer on the government securities market.

Frequently Asked Questions

How do I get more information about the OVDPs product?

Please leave a request on the website, and we will call you and tell you in more detail.

Whom can I contact for registration of OVDPs?

Individuals

You may contact:

  • VIP-contact center;
  • your personal manager;
  • VIP business manager.

Legal entities

You can contact the Stock-Exchange Transactions Office of the Head Office:


Open hours: 9:00–18:00