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 06.02.2020

USD
EURO
UAH
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000202568 15.10.2020 - - 105.729 2.5000 YTM
UA4000205736 16.12.2021 - - 102.610 2.9000 YTM
ISIN code Matturity BID Price BID Yield ASK Price ASK Yield Yield
UA4000201727 19.02.2020 107.665 12.0000 107.760 9.5000 SIM
UA4000203723 24.03.2021 112.648 12.5000 116.049 9.2500 YTM
UA4000204572 03.08.2022 108.369 12.5000 116.052 9.0000 YTM
UA4000201255 24.05.2023 113.442 12.5000 122.650 9.2500 YTM
UA4000207518 26.05.2027 92.794 12.0000 105.759 9.2500 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 first quarter of 2020

21.01.20 28.01.20 04.02.20 11.02.20 18.02.20 25.02.20 03.03.20 10.03.20 17.03.20 24.03.20 31.03.20
6 mos

1 yrs
3 yrs		 3 mos.

1 yrs
2 yrs,7 yrs		 6 mos.

1 yrs
3 yrs		 3 mos.

1 yrs
2 yrs,4 yrs		 6 mos.

1 yrs
3 yrs		 3 mos.

1 yrs
2 yrs, 7 yrs		 6 mos.

1 yrs
3 yrs		 3 mos.

1 yrs
2 yrs, 4 yrs		 6 mos.

1 yrs
3 yrs		 3 mos.

1 yrs
2 yrs		 6 mos.

1 yrs
3 yrs, 7 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 operations Proposed cost, UAH Payment terms
Opening of securities account 500 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
Accounting operations of securities deposit (rights to securities) into securities account 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
Accounting operations of securities withdrawal (rights to securities) from securities account 1,000.00 UAH
In case of repayment – free of charge		 Per operation

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.