OVDP calculator

The calculator determines how many bonds you can buy for the amount entered at the current buy price in the Investor Account, taking into account the 0.1% fee. It then adds all future coupons and the face value according to the NBU payment schedule and subtracts the purchase amount. The result is the net income if you hold the bonds to maturity.

The buy price includes accrued coupon interest — the part of the coupon accrued since the previous payment date. You will receive the next coupon in full, so this part is returned to you. The calculator shows coupon income and the difference between the face value and the price separately.

Under current law, individuals’ income from OVDP — both coupon payments and gains on sale — is not taxed. Deposit interest is taxed: 18% personal income tax and 5% military levy. That is why the calculator shows the rate a deposit would need to pay to give the same net income.

Yes, you can sell before maturity in the Investor Account at the price at which the bonds are bought from you at the time of sale. In that case, your actual income will differ from the calculator’s result. For selected issues, the difference between the buy and sell price is UAH 0.01 — the Penny Spread; for other issues it may differ.

Buy prices and yields come from BTC Broker Investor Account quotes; the schedule of coupon payments and maturities comes from the open data of the National Bank of Ukraine. The data is loaded when you open the page.