The Ministry of Finance Conducted Successful Domestic Government Bond Switch Auction Worth UAH 3.9bn

On May 20, 2026, the Ministry of Finance of Ukraine held another domestic government bond switch auction. The volume of satisfied bids amounted to UAH 3.9 billion at nominal value.

Investors were offered the opportunity to exchange bonds maturing on June 10, 2026, for a new issue maturing on June 14, 2028. The maturity period of the new bonds is over 2 years (754 days). The weighted average yield of the placed bonds is 15.9%.

As a result of the switch auction, 3.88 million units of domestic government bonds maturing on June 10, 2026, for a total amount of UAH 4.15 billion, will be credited to the issuer's account. Following this, the specified securities will be redeemed and canceled.

Switch auctions are a tool for active public debt management. They help reduce the budget burden in the short term, extend the average maturity of the debt, and support liquidity in the domestic government securities market.