The funds from these bonds will be allocated for the recapitalization of the state company "Ukrainian Financial Housing Company" ("Ukrfinzhylie"), which operates the preferential mortgage lending program eOselya.
As stated in the government resolution, the issuance of government bonds (OVGZ) for 20 billion UAH must be carried out by the end of 2024. This includes the following bonds:
- 10 billion UAH — with a maturity period of 10 years and an interest rate of 12.6 percent per annum, with a coupon period of one year;
- 5 billion UAH — with a maturity period of five years and an interest rate of 15.84 percent per annum, with a coupon period of six months;
- 5 billion UAH — with a maturity period of four years and an interest rate of 16.35 percent per annum, with a coupon period of six months.