Bilyavska A. Government borrowings on national financial markets

The thesis is devoted to deepening scientific developments in theoretical and practical aspects of the use of government debt instruments on the national financial markets. The paper substantiates the expediency of expanding the list of used domestic government debt financial instruments. The conclusions are based on the analysis of foreign practice. In particular, the advantages of the use of investment, green and social impact bonds in Ukraine are proposed and demonstrated. The author investigated the main forms of government borrowing on national markets, their basic parameters and characteristics. It is proposed to expand the risk management toolkit using government securities, in particular, the emission of inflation bonds. Suggestions are made regarding improvement of the transparency and information efficiency of the government securities market. The efficiency assessment was made and the ways of improving the policy of attracting funds by the state in the domestic market were shown. The ways of adaptation of national government debt policy to the best international practices are revealed.