
Selling and buying government bonds online is available in the OTP Bank UA application
Clients of OTP BANK JSC can now sell domestic government bonds (OVDPs) directly in the OTP Bank UA mobile application.
With this update, the Bank has implemented a full online cycle for managing and trading government bonds remotely – from opening a securities account to purchasing, receiving interest payments, and selling bonds.
To sell OVDPs from your bond portfolio, simply open the “Savings” section in the app, select “Bonds”, tap “Sell bonds”, and choose the securities and quantity you wish to place for sale.
“We’ve made investing in and managing government bonds as easy, convenient, and beneficial for our clients as possible. Just a few taps – and the bonds are in your portfolio. If you decide to sell them, you can do it just as easily right in the app, without visiting a branch. This is how we open new opportunities for investments,” said Valeriia Ovcharuk, product owner at OTP BANK.
Since the launch of OVDP sales in the app, individual clients have purchased government bonds with a total value equivalent to almost UAH 21 billion.
As a reminder, clients can buy OVDPs in the OTP Bank UA app either directly at the Ministry of Finance auctions or from the Bank’s portfolio. The latter option allows you to select the most suitable bond rate and maturity, currency, and interest payout terms at any time of day, any day of the week, regardless of auction dates.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.