2024-05-15T09:54:00+03:00 Politics 2024-09-15T04:25:01+03:00

Ukrainian news

Finance Ministry places war bonds worth UAH 9.3 billion and EUR 54 million

Finance Ministry places war bonds worth UAH 9.3 billion and EUR 54 million

On May 14, the Ministry of Finance placed war bonds worth UAH 9.3 billion and EUR 54 million.

This follows from a statement by the Ministry of Finance, the Ukrainian News agency reports.

The ministry placed securities with a maturity of 1 year for UAH 3,045 million at 15.12% per annum, 1.8 years for UAH 3,116 million at 16.14% per annum, and 3.3 years for UAH 3,130 million at 17.2 % per annum.

The securities denominated in euros have a maturity of 1 year and a yield of 3.25% per annum.

On November 8, 2022, the Ministry of Finance issued war bonds for UAH 43.7 million, which is the smallest amount since the beginning of the war.

Before this, the smallest amount was involved on October 4, 2022 - UAH 44.5 million.

As the Ukrainian News agency earlier reported, the Ministry of Finance previously announced that war bonds are primarily a tool for supporting the state budget during a full-scale invasion of the russian federation and not a tool for maximizing income from investment activities; therefore, military bond rates remain fixed.

The Ministry of Finance fulfilled the plan for borrowing to the state budget by 67.3% and attracted UAH 1,261.1 billion in 2022.

Actual state borrowings to the general fund of the state budget for 2023 amounted to UAH 1.68 trillion, or 73.7% of the planned for this period.