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 20.11.2018

USD
EURO
UAH
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000199541 03.04.2019 99.085 8.0000 100.362 4.3000 YTM
UA4000201453 19.06.2019 95.649 8.0000 97.219 5.0000 YTM
UA4000198469 10.07.2019 100.410 8.0000 102.614 4.3000 YTM
UA4000199244 23.10.2019 98.269 8.0000 100.996 4.8000 YTM
UA4000201396 15.01.2020 99.015 8.5000 100.561 7.0000 YTM
UA4000197396 13.05.2020 96.878 8.0000 100.888 5.0000 YTM
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000200711 27.11.2019 101.175 5.0000 104.119 2.0000 YTM
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000200968 06.02.2019 95.924 21.5000 96.438 18.5000 YTM
UA4000197081 06.03.2019 101.753 21.0000 102.701 17.2000 YTM
UA4000201370 03.04.2019 93.050 21.5000 94.062 18.0000 YTM
UA4000201768 03.07.2019 88.914 21.0000 90.680 17.2000 YTM
UA4000202295 04.09.2019 86.036 21.0000 88.170 17.3000 YTM
UA4000202667 06.11.2019 82.922 21.5000 85.285 18.0000 YTM
UA4000201727 19.02.2020 100.470 20.5000 104.817 16.1000 YTM
UA4000201255 24.05.2023 97.452 20.5000 112.086 15.2000 YTM
* All quotes are indicative and may change during the day

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 Minimum is USD 40,000 / UAH 1,000,000 Maximum is unlimited.
Maturity term From 3 months to 5 years
Interest accrual and payment In accordance with the terms of the Issuer

The advantages of OVDPs

The advantages of OVDPs
  • 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
  • Purchase of OVDPs issued in foreign currency is carried out in UAH at the current rate to the 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 third quarter of 2018
10.07.2018 17.07.2018 24.07.2018 31.07.2018 07.08.2018 14.08.2018 21.08.2018 28.08.2018 04.09.2018 11.09.2018 18.09.2018 25.09.2018

3 mos.
6 mos.
12 mos.
1,5 та 2 yrs.


6 mos.
12 mos.
3 yrs.

3 mos.
6 mos.
12 mos.
2 and 5 yrs.


6 mos.
12 mos.
3 yrs.

3 mos.
6 mos.
12 mos.
2 yrs.


6 mos.
12 mos.
3 yrs.

3 mos.
6 mos.
12 mos.
2 yrs.


6 mos.
12 mos.
3 and 5 yrs.
3 mos.
6 mos.
9 mos.
12 mos.
2 yrs.

6 mos.
9 mos.
12 mos.
3 yrs.
3 mos.
6 mos.
9 mos.
12 mos.
2 yrs.

6 mos.
9 mos.
12 mos.
3 and 5 yrs.
Days and terms of placement in the third quarter of 2018
10.07.2018 24.07.2018 14.08.2018 11.09.2018
2 yrs. 1,5 yrs. 2 yrs. 2 yrs.

Income taxation of transactions with OVDPs

Income taxation of transactions with OVDPs

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

List of transactions Offered cost, UAH Payment terms
Securities account opening 500 Separately for each transaction
Accounting of OVDPs on securities account 0,5% of the total nominal value of the securities, but not less than UAH 300.00, and no more than UAH 600.00 Cost is presented for a month
Accounting operations of crediting the securities (securities rights) to а securities account 0,05% of the nominal value, but not less than the cost of the crediting transaction in the Depositary * + UAH 100.00 and not more than UAH 1000.00 Per transaction
Accounting operations of withdrawal of securities (securities rights) from а securities account 0,05% of the nominal value, but not less than the cost of the withdrawal transaction in the Depositary * + UAH 100.00 and not more than UAH 1000.00 Per 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.

Where can I apply for registration of OVDPs?

You can contact:

  • VIP-сall-center;
  • your personal manager.
  • head of VIP-business department.