Pivdenny Bank increased OVDPs portfolio by 22.8% in the first quarter
According to the NBU, in the 1st quarter the portfolio of bonds of the domestic government loan (OVDP) held by Pivdenny Bank increased by 22.8% (or UAH 405 million).
Thus, Pivdenny Bank was in the top 10 bank rating with the largest portfolio of bonds of domestic government loans (OVDPs), taking the seventh place.
Let’s remind you, that such bonds (domestic government debt) are long-term government securities issued by the Ministry of Finance of Ukraine, which are an alternative to deposits. All OVDP bonds are guaranteed by the state.
The main advantages of the package “For the purchase and sale of government bonds” in Pivdenny Bank:
- the minimum transaction amount is UAH 200,000 (or the equivalent in foreign currency);
- simplicity of design;
- par value of 1 bond - UAH 1000 / US dollars / Euro;
- circulation period - from 1 month to 5 years;
- Bonds yield is paid in bond currency.
For more information about the package “For the purchase and sale of government bonds” at the link.