By KYIV. Sept 18 (Interfax-Ukraine) – Non-resident individuals will be able to buy Ukrainian government domestic loan bonds with a maturity of three months to three years on the online government bond trading platform ICU Trade, the ICU financial group announced.
“Currently, non-residents can register remotely with a broker and buy and sell domestic government bonds in the same way as Ukrainian citizens do now,” the group said in a press release on Monday.
It is clarified that residents of Russia and Belarus will not have access to the service.
“The purchase and storage of securities is carried out without commissions. Profitability for non-residents will be the same as for domestic clients. There are no taxes on profits from government bonds in Ukraine,” the message states.
The company clarified to Interfax-Ukraine that non-residents currently already have the opportunity to repatriate foreign currency invested in government bonds.
The ICU recalled that numerous requests from foreign citizens to purchase Ukrainian government bonds began to arrive after the launch of trading at the beginning of the full-scale invasion.
As the company noted, at that time there was no such opportunity in Ukraine due to the lack of the regulatory field necessary for these operations and technical solutions, which as of today have been found thanks to the joint work of market participants.
“We consider this project for ourselves as a volunteer project. It has a cost and we do not make money from it, but we consider it fundamentally important for helping the country. We are grateful to the NBU, the National Securities and Stock Market Commission and the Ministry of Finance of Ukraine for the joint efforts that made it possible to provide such services to foreign investors,” the company’s position is stated in the press release.
As the ICU reported, at the moment there is already a small queue of citizens of the USA, Israel, Poland, Germany, Great Britain, Australia, and Canada wishing to purchase Ukrainian bonds.
The company noted that registering investors from some countries may require more time due to differences in the legal framework and the peculiarities of the work of mobile operators in different countries, and therefore asked to “be sensitive to such cases” and stated that it would help each client formalize everything properly.
