Japan promises further aid package for Ukraine
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Foreign investors halve Ukraine's domestic bond portfolio, citizens and businesses increase holdings
Since the beginning of the year, foreigners have reduced the volume of their domestic government bonds portfolio by almost half (Photo: Yelyzaveta Serhiyenko / NBU)
The OVDP portfolio held by foreigners has shrunk by 20.3 billion hryvnias ($492.6 million) to 23.3 billion hryvnais ($565.3 million), with their share in the OVDP structure falling to 1.3%.
Additionally, territorial communities have reduced their OVDP portfolio by 2.5 times, from 2 billion hryvnias ($48.5 million) to 0.8 billion hryvnias ($19.4 million).
- As of Nov. 1, individual investors increased their OVDP portfolio by 17.3 billion hryvnias ($419.8 million) to 70.5 billion hryvnias ($1.7 billion), while
- legal entities increased their holdings by 28.2 billion hryvnias ($684.2 million) to 167.1 billion hryvnias ($4.1 billion).
"Domestic revenues and OVDP are two important instruments for financing the Armed Forces. Therefore, we encourage you to invest in military OVDP," the Ministry of Finance stated.
OVDPs are domestic government securities issued exclusively on the domestic capital market. They represent Ukraine's obligation to repay the nominal value of these bonds to their holders, along with interest payments according to the terms of the bond issuance.
Ukraine's budget support has exceeded $100 billion:
Minfin has named major donors
3952 viewsIMF – $ 11.4 billion;
Japan – $ 6.3 billion;
Canada – $ 5.4 billion.
- The ministry noted that the top five financial support partners provided Ukraine with more than 90% of all funds raised.
- Ukraine received the most funds in the form of grants from the United States and the European Union. Germany, Japan and Norway also provided significant support on a non-refundable basis.
- Ukraine received another part of its external funding on preferential terms, in particular, in particular, financial assistance from the EU, which was provided in 2023.
- It provides for the reimbursement of service costs on loan by EU countries..
The € 50 billion Ukraine Facility for 2024-2027 also includes around € 2 billion to cover interest on loans from the European Union.
Read also:
Ukraine Facility – Ukraine's € 50 billion EU support program will run from 2024 to 2027.
In May, the Council of the European Union adopted Ukraine's plan needed to implement the € 50 billion Ukraine Facility program.
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