The Ministry of Finance conducted another successful domestic government bond switch auction worth UAH 8.4 billion

On 25 March 2026, the Ministry of Finance of Ukraine held its third domestic government bond switch auction in 2026. As a result, the total volume of satisfied bids amounted to UAH 8.37 billion at par value.

Investors were offered to exchange bonds maturing on 29 April 2026 for a new issue maturing on 25 April 2029. The maturity of the new bonds exceeds three years (1,125 days). The weighted average yield of the placed bonds was 16.15%.

As part of the exchange, 8.38 million bonds maturing on 29 April 2026, with a total value of UAH 8.92 billion, will be credited to the Ministry of Finance for redemption and cancellation.

Since the beginning of 2026, the Ministry of Finance has already conducted three domestic government bond switch auctions with a total value of over UAH 37 billion.

Switch auctions are an instrument of active public debt management. They help reduce short-term pressure on the state budget, extend the average maturity of public debt, and support liquidity in the domestic government securities market.