Government Bonds
What are government bonds?
These are debt securities issued by the government through the Ministry of Finance of Ukraine.
By issuing these securities, the government commits to making payments on them at a predetermined date with a defined yield.
In simple terms: Government bonds are a way to lend money to the government and receive a guaranteed return in exchange.
When purchasing government bonds, their yield is locked in until maturity.
Who should invest in government bonds?
Bonds are a versatile instrument designed to meet a wide range of financial objectives:
Ideal for those who prioritize security over high-risk returns. Government bonds carry a 100% sovereign guarantee, making them the most reliable investment instrument available in Ukraine
Unlike bank deposits — where profits are subject to personal income tax and military levy — income from government bonds stays entirely in your pocket
A perfect entry point for those new to investing. No need to monitor market charts daily or analyze complex corporate reports. You simply purchase a bond and know the exact maturity date and your return in advance
You can purchase foreign currency government bonds denominated in USD or EUR. This allows you to protect your savings against hryvnia devaluation and earn a higher yield than typical FX bank deposits
Legal entities can use government bonds as an effective alternative to short-term deposits, putting idle company funds to work until they are required for operations
Active portfolio management and the liquidity of these instruments create opportunities to profit from changes in their market value
Advantages of Government Bonds
High yield:
Guaranteed return:
Government-backed reliability:
Equal rights for all bondholders:
Tax-free income for individuals:
Wide range of investment terms:
Fast partial or full exit:
Flexible reinvestment of payouts:
Potential for additional income
What types of government bonds are there
UAH Government Bonds
- Issued in Ukrainian hryvnia (UAH)
- Income payments and redemption in UAH
- Purchased in UAH
- Sold in UAH
FX Government Bonds
- Issued in foreign currency – USD / EUR
- Income payments/redemption in USD / EUR
- Purchased in foreign currency
- Sold in foreign currency
Discount Government Bonds
- Short-term – up to 1 year to maturity
Sold at a discount to face value
At maturity, the face value of UAH 1,000 / USD / EUR is paid out
Return is the difference between the purchase price and the redemption price
Coupon Government Bonds
- Any maturity
Face value UAH 1,000 / USD / EUR
Bonds carry fixed periodic interest payments (coupons)
To help our investors grow their capital more systematically, we've added a free investment strategy focused on government bonds to our chatbot. @ICUTradeSupportBot
How to invest in government bonds
Registration
Click the Open an Account button on any page of the website and select the scenario that matches your residency status.
Automatic registration via Diia.Sharing
Complete fast, secure registration directly on our platform using the Diia.Sharing service. After registration, you will receive access to the ICU Trade platform and next-step guidance.
Quick registration via Diia
Purchase at least one government bond through ICU in the Diia app. Registration happens automatically — all you need to do is install ICU Trade to fund your account and buy securities.
Fund your account
Online via Portmone or by bank transfer using your IBAN.
Purchase
Select the securities you need directly in the ICU Trade platform.
Sell
Exit your position whenever you choose, or hold until maturity to receive income according to the bond's terms.
Reports & statements
Download reports and statements directly from the platform — available 24/7.
Special offers:
Flexible FIX by ICU
Maximize the yield on your fixed-rate UAH-denominated assets.
This product combines the high-yield potential of government bond investing with flexibility and liquidity — letting your money work at full capacity every single day.
Company fees for government bond transactions
Most cost-effective: Trading via the ICU Trade platform (app or desktop)
Any buy or sell — UAH 0.
Deposits — free.
Withdrawals — free.
Transactions outside the ICU Trade platform (via a manager)
Each transaction is subject to individual approval.
UAH-denominated government bonds (T-bills): UAH 200, or as agreed separately.
Foreign-currency domestic government bonds: UAH 2,000, or as agreed separately.
ICU investment funds (CII): UAH 200 (or by separate agreement).
Other financial transactions: from UAH 200.
Depository services (securities account)
1. Securities transfers
Crediting bonds (T-bills / Eurobonds) to your ICU account: Free.
Transfer to your account at another depository: UAH 500 per transaction.
Change of depository institution or transfer without ICU broker involvement: 0.01% of the bonds' face value (minimum UAH 1,000).
2. Account maintenance (monthly)
Custody fee for securities held in account:
Ukrainian government bonds (T-bills): Free.
Government Eurobonds (OSDPs): 0.002% of the average monthly value of securities.
Foreign securities: 0.006% of the average monthly value.
Nice bonus: If the monthly fee is less than UAH 5, it is not charged at all.
3. Receiving payments (coupons and redemptions)
If a payment is made in a foreign currency (redemption, coupon payments, or dividends):
For foreign currency-denominated Ukrainian government bonds: USD 35 per transfer, or free of charge if transferred to an account with Bank Avangard.
For Ukrainian sovereign Eurobonds: USD 40 per transfer.
For foreign stocks or bonds: USD 70 per transfer.
Corporate actions notifications: Free of charge.
More information about the tariffs is available via the link