2023-04-12T10:35:00+03:00 Politics 2024-09-15T05:38:05+03:00

Ukrainian news

Finance Ministry places war bonds worth UAH 1.5 billion and USD 23 million

Finance Ministry places war bonds worth UAH 1.5 billion and USD 23 million

On April 11, the Ministry of Finance placed war bonds worth UAH 1.5 billion and USD 23 million.

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

The ministry placed securities with a maturity of one year for UAH 95 million at 18.5% per annum, 1.2 years for UAH 697 million at 19.5%, and 2 years for UAH 738 million at 19.6% per annum.

Papers in dollars are placed with a maturity of 1 year - for USD 23 million at 4.85% 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.