Expert opinion

During martial law, the issue of preserving and increasing savings becomes particularly relevant for Ukrainians. On Kyiv FM radio, Andriy Dubas, president of the Association of Ukrainian Banks, spoke about the key financial instruments that citizens can consider today: deposits and military bonds.

Military bonds are a type of government bonds introduced after the start of full-scale war to finance government spending during wartime. According to Andriy Dubas, the state acts as the guarantor of bond payments, and Ukraine has fulfilled its obligations to its citizens throughout the entire existence of this instrument.

The minimum amount for purchasing OVDP is:

• from UAH 1,000 — for bonds in hryvnia;
  from USD 1,000 or EUR 1,000 — for foreign currency bonds.
  Bonds can be short-term (up to one year), medium-term (from 1 to 5 years), and long-term (over 5 years).
  Deposits, in turn, can also be opened for various terms — from several months to several years, depending on the bank's conditions.

Andriy Dubas also explained whether it is necessary to contact the institution after the bond maturity date:

Andriy Dubas
President of AUB

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“Digitalization in this area is growing in Ukraine. If you open an investment account through a bank, everything is done online. When the bonds mature, you receive the entire amount you invested. Interest is paid at regular intervals, for example, every six months or every quarter.”

The AUB President emphasizes that the choice between deposits and bonds depends on the investor's goals, time frame, available amount, and willingness to temporarily give up access to funds. Both instruments make it possible not only to preserve but also to partially increase savings, taking into account inflation, tax burden, and return guarantees.