On March 10, 2025, Ukraine will celebrate the 30th anniversary of the issuance of the first domestic government bonds (OGBs). This is a significant event in the history of the country’s financial system, as the first auctions, held in 1995, were an important milestone in the development of the national financial market and laid the foundation for further stability and investment climate.

The first bond issue took place on March 10, 1995, when Ukraine issued OGBs worth 30.4 billion karbovanets (equivalent to 1,000 UAH at the time). These bonds had a face value of 100 million karbovanets each, which was a significant step for that time. However, the history of bonds in Ukraine began much earlier: in the first half of the 20th century, the government of the Ukrainian People's Republic used government bonds.

Over the past 30 years, government bonds have become an important tool for financing the state budget and attracting investments from citizens. Thanks to partnerships with international organizations, in particular the World Bank, Ukraine was able to carry out reforms in the primary government bond market, bringing it closer to world standards.

One of the most difficult moments in the history of government bonds was February 24, 2022, when a full-scale war began. Despite the challenges, the financial system survived, and bonds became one of the main sources of financing the country's defense. During the war, government bonds continue to be not only a tool for stability in the financial market, but also an important mechanism for supporting the national economy and the military.

Today, government bonds remain a reliable way to preserve savings for citizens, as their yield compensates for inflation: from 15.1% to 16.8% per annum in hryvnia, 4.5% in US dollars and 3.2% in euros. An additional advantage is that the income from bonds is not taxed, and state guarantees ensure a 100% return on invested funds. The nominal value of government bonds is 1,000 UAH, and can also be issued in foreign currency.

Over 30 years, government bonds worth more than 3.3 trillion UAH have been placed on the market. The Ministry of Finance of Ukraine notes that these 30 years are a history of financial endurance and development: from the difficult 90s to modern military bonds that bring victory closer. Government bonds continue to be an important instrument of stability and trust in the state.

Today, you can purchase military bonds through banks or special applications, in particular through the "Diya" portal, which makes this process accessible to every citizen of the country.