Current news on Rebuild Ukraine topic
Investments of Ukrainians in Government Bonds Increased by More Than 50% Over the Year and Exceeded ₴121 Billion.
In February 2026, the volume of investments in domestic government bonds (OVDPs) among legal entities was 17.9% higher than a year earlier, while investments by individuals increased by over 50% during the same period. Currently, Ukrainian citizens hold over ₴121.85 billion in OVDPs, and legal entities – over ₴219.93 billion.
In February, the Ministry of Finance of Ukraine conducted 12 OVDP placement auctions and raised ₴56.7 billion for the state budget. The average yield of hryvnia-denominated OVDPs was 14.3% per annum, while in dollars and euros it was 3.14% and 3.8%, respectively. In addition, in February the Ministry held an OVDP exchange auction, with market demand reaching ₴10 billion. As of the end of February 2026, government bonds in circulation totaled over ₴2.08 trillion. The largest portfolio shares are held by commercial banks – 47.86%, NBU – 33.09%, legal entities – 10.95%, and individuals – 6.07%.
At the same time, analysts note that due to scheduled redemptions of OVDPs, the volume of foreign currency bonds held by individuals decreased in February by ₴5 billion, reaching a 10-month low of ₴42.4 billion. Meanwhile, the hryvnia portfolio grew by more than ₴10.8 billion during the month, reaching ₴79 billion. However, demand for foreign currency OVDPs is expected to increase in March and remain stable.
Ukraine Develops Unified Military Risk Insurance Strategy to Maximize Coverage for Businesses and Investors
During a coordination meeting between teams from the Ministry of Economy of Ukraine, the National Bank of Ukraine, and representatives of the insurance market, a wide range of issues related to military risk insurance was discussed. As noted by the Ministry of Economy, insurance products covering military risks are already available on the market. The total reinsurance capacity, supported by partners including Lloyd’s ($400 million), DFC ($200 million), and EBRD (€110 million), as well as growth of the domestic Ukrainian market (up to $350 million), has exceeded $1 billion. This allows offering insurance products covering military risks for property, cargo, vehicles, and railway rolling stock.
A state compensation model is also already operational, implemented by the Export Credit Agency of Ukraine, and the Government continuously works to make it more convenient and useful for businesses. “We have a shared goal – to move from isolated solutions, which already function on the market, to developing a comprehensive unified architecture, where insurance products are available to everyone. We aim to quickly develop a unified insurance strategy that ensures maximum coverage of all enterprises and investors and to secure it in law,” said Oleksiy Sobolev.
At the meeting, the concept of a three-tier system was agreed upon to cover the needs of small and medium-sized businesses as well as large investors:
- First tier – state programs with minimal cost, best suited for zones and risks where market mechanisms do not operate.
- Second tier – hybrid products, where the market and the state can jointly guarantee coverage through co-financing or compensation.
- Third tier – commercial products without state participation.
The advantage of this model is the inclusion of the state in the risk insurance process where market mechanisms do not function: in frontline territories, certain sectors, and other specific cases.
Furniture Retailer JYSK Invested ₴800 Million in Its Ukrainian Business During the War and Purchased Over €150 Million Worth of Products Locally.
Since the beginning of the full-scale invasion, the Danish multinational corporation JYSK has invested ₴800 million in opening new stores, updating existing ones, and improving service. The company is modernizing warehouses and expanding offices. JYSK is also strengthening cooperation with Ukrainian manufacturers, expanding the range of products for European stores, and increasing order volumes. In particular, in 2025, purchases of case furniture grew by 33%.
A partner of the corporation, the Ukrainian company “Accord Import”, is building a new furniture factory and increasing production capacity by almost 200%, which will allow it to enter the top five manufacturers in Europe. About 70% of the manufacturer’s orders are for JYSK.
Overall, since 2022, the Danish company has purchased over €150 million worth of products in Ukraine and plans to increase this volume in 2026. The corporation has continued operations in Kharkiv, Dnipro, and Odesa, opening 32 new stores in Ukraine since 2022, including three stores rebuilt after significant damage. Another 30 locations have been updated.
Recently, the corporation opened the largest store in the region at the Bukovyna Mall shopping center in Chernivtsi, covering 1,280 square meters. Currently, JYSK operates 113 stores in 38 cities across Ukraine.
Ukraine Plans to Sell High-Risk War Assets to “Strong-Flag” Investors to Ensure Facility Safety
The State Property Fund of Ukraine will seek strategic investors for assets constantly exposed to Russian shelling, targeting those whose “state flag,” status, or international reputation could serve as a guarantee of the asset’s security, said SPFU Head Dmytro Natalukha. This primarily concerns the Odesa Port Plant (OPZ) and the Mykolaiv Alumina Plant.
According to Natalukha, the main concern for investors regarding OPZ is the war-related risk. Even debts of around $193 million to Ostchem are less intimidating than the plant’s location in Odesa Oblast. “Selling OPZ to resume fertilizer production is a question of who can afford to pay high prices for gas or gas transportation,” he noted.
The same applies to the alumina plant. He suggested that buyers of such high-risk assets could come from the USA or India. “Yes, we might sell at a lower price, but in the future, through integration into the global value chain, the state can benefit,” Natalukha added.
Currently, no investor pool exists. By the end of February, the SPFU head plans to launch an Investment Council under the Fund, which may include representatives of international financial institutions (EBRD for Reconstruction and Development, IFC, DFC).
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