A product for OVDP investors

“Penny Spread”

Ukrainian government bonds (OVDP) with a difference of just UAH 0.01 between the buy and sell price. BTC Broker acts as a market maker in the Investor Account order book.

  • A UAH 0.01 spread between buying and selling
  • Early sale at any time
  • OVDP sales only in the Investor Account
  • Top-ups via IBAN with no fee

NSSMC license No. 112 of 17 February 2017 for brokerage and dealer activities

  • NSSMC-licensed broker
  • since2011 On the market since 2011
  • Diia logo Remote account opening via Diia
  • Broker and depository institution in one company

What it is

What is the “Penny Spread”

The spread is the difference between the price at which you can buy a bond and the price at which you can sell it. The smaller it is, the less you lose if you decide to sell OVDP before maturity.

BTC Broker acts as a market maker in the Investor Account order book and maintains a minimum spread for clients — just 1 kopiyka (UAH 0.01).

Who it suits: those who value liquidity, do not want to lose on the spread and are looking for an alternative to deposits.

Benefits

What it means for investors

  • 1

    A spread of just UAH 0.01

    The minimum difference between the buy and sell price.

  • 2

    Early sale

    You can sell the bonds at any time.

  • 3

    No personal income tax or military levy

    Individuals’ income from OVDP is not taxed.

  • 4

    Government bonds

    OVDP are issued by the Ministry of Finance of Ukraine.

  • 5

    Full control

    All your investments are in the Investor Account.

Where to buy

Two ways to buy OVDP

  • Directly in the Investor Account

    Buy and sell OVDP in the Investor Account order book with a spread of UAH 0.01.

    Fee: 0.1% of the trade amount for both buying and selling OVDP.

    Open the Investor Account
  • Via Diia

    Choose BTC Broker in the Diia app, and later you will be able to sell the bonds early. Selling is available only in the Investor Account.

    For reference: the fee for buying OVDP via Diia is 0.2% of the trade amount.

    About military bonds
  • Selling is available only in the Investor Account: both for bonds bought in the Investor Account and for those bought via Diia.

  • Top-ups via IBAN — with no fee.

OVDP calculator

How much will you earn on OVDP?

Calculate your net income to maturity based on current buy prices in the Investor Account and the NBU payment schedule — and compare it with a deposit.

Calculate income

How to start

How to buy OVDP with the “Penny Spread”

  1. 1

    Sign up in the Investor Account

    Open an account remotely, with no office visit.

  2. 2

    Top up your account

    Transfer via IBAN — with no fee.

  3. 3

    Buy OVDP

    For example, OVDP “Bilohirsk” (UA4000239016) with a UAH 0.01 spread.

  4. 4

    Sell when you need to

    Early sale in the Investor Account — at any time.

FAQ

Frequently asked questions about the “Penny Spread”

All questions