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Economy and Entrepreneurship

Economy and Entrepreneurship

ISSN 2522-459X
Боцман Ю О  
Yu Botsman  

Діяльність банків на ринку ОВДП

Activities of banks on the DGB market

DOI:

10.33111/EE.2023.50.BotsmanY

Анотація: Розглянуто аспекти діяльності банківських установ на ринку облігацій внутрішньої державної позики в Україні, що свідчать про їх значну роль на цьому сегменті ринку державних цінних паперів. Встановлено, що протягом досліджуваного періоду банки займали одну з лідируючих позицій в структурі власників ОВДП. А дослідження частки ОВДП в активах вітчизняних банків показало, що вона перебуває на достатньо високому рівні. Виокремлено діяльність банків як первинних дилерів і торговців цінними паперами з найбільшим обсягом виконаних та укладених біржових контрактів з облігаціями внутрішньої державної позики.
Abstract: The article focuses attention on the study of securities placed exclusively on domestic capital markets and highlights the role and importance of banks in this сase. First, the work analyzed the essence of the functioning of domestic government bonds. DGB belongs to debt securities that are sold to primary dealers and their clients on the primary market to finance the needs of the state budget.
The work specifies the requirements for banks that can be primary dealers and the rating of domestic banks-primary dealers. A survey of domestic government bonds market was carried out, which are in circulation at nominal and amortized cost by owners, and it was found that during the last 5 years, banks occupied one of the leading places in the structure of their owners. It was revealed that the share of DGB in the total assets of domestic banking institutions is at a sufficiently high level, which is due to the significant reliability of these securities.
The activities of securities traders — banks with the largest volume of completed and concluded exchange contracts with the DGB on the stock and over-the-counter markets in 2020 — are highlighted, and the banks that occupy the leading positions according to the indicated indicators are identified. However, the war introduced changes оn the activity of the domestic financial market, which were reflected in the activities of banking institutions and the functioning of the DGB, in particular, auctions for the sale of military bonds were launched.
Ключові слова: банки, фондовий ринок, державні цінні папери, облігації внутрішньої державної позики, військові облігації
Key words: banks, stock market, government securities, domestic government bonds, military bonds
УДК: 336.7:336.2
UDC: 336.7:336.2

JEL: E62 G24

To cite paper
In APA style
Botsman, Y. (2023). Activities of banks on the DGB market. Economy and Entrepreneurship, 50, 172-183. http://doi.org/10.33111/EE.2023.50.BotsmanY
In MON style
Боцман Ю.О. Діяльність банків на ринку ОВДП. Економіка та підприємництво. 2023. № 50. С. 172-183. http://doi.org/10.33111/EE.2023.50.BotsmanY (дата звернення: 14.03.2025).
With transliteration
Botsman, Y. (2023) Diialnist bankiv na rynku OVDP [Activities of banks on the DGB market]. Economy and Entrepreneurship, no. 50. pp. 172-183. http://doi.org/10.33111/EE.2023.50.BotsmanY [in Ukrainian] (accessed 14 Mar 2025).
# 50 / 2023 # 50 / 2023
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Cited by

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