2022-09-02T12:54:00+03:00 Economy 2024-09-15T06:46:50+03:00

Ukrainian news

Finance Ministry Will Place War Bonds In Hryvnias On September 6

Finance Ministry Will Place War Bonds In Hryvnias On September 6

On September 6, the Ministry of Finance will place war bonds denominated in hryvnias.

That follows from the notification of the Ministry of Finance, Ukrainian News Agency reports.

The bonds in hryvnia have terms of circulation of 210 and 385 days.

The Ministry of Finance on August 16, posted war bonds for UAH 71.5 million, which is the smallest amount since the beginning of the war.

Before that, the smallest amount was raised on July 5, it amounted to UAH 128 million.

As Ukrainian News Agency earlier reported, previously, the Ministry of Finance reported 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 the rates on war government domestic loan bonds remain fixed.

On March 22, 2022, the National Bank started publishing statistics of the NBU depository on war bonds on a weekly basis.