Subject. The article analyzes the movement of financial instruments (bonds, derivatives) in the implementation of the State regional policy, opportunities and limitations affecting the economic development of regions. Objectives. The purpose is to identify the main barriers to the use of financial instruments at the level of regions, develop proposals for their more effective use to achieve growth. Methods. The study draws on methods of systems and comparative analysis, statistical data processing, regulatory framework review, analysis of the current dynamics of financial markets and their regional characteristics. Results. Despite the positive trend in the use of bonds and derivatives, their spread is hampered by economic, institutional, and technical barriers. However, the implementation of integrated approach aims to overcome these barriers and opens up opportunities to improve the efficiency of data processing tools. Conclusions. Financial instruments in the form of bonds and derivatives are essential tools for raising capital, managing risk, and stimulating economic growth in regions. Financial literacy, improved labor practices, and high-quality government support are required to maximize their capabilities.
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