2023-04-18T17:52:00+03:00 Economy 2024-09-15T05:36:49+03:00

Ukrainian news

Finance Ministry Places War Bonds Worth UAH 10.9 Billion

Finance Ministry Places War Bonds Worth UAH 10.9 Billion

On April 18, the Ministry of Finance placed war bonds worth UAH 10.861 billion.

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

The ministry placed securities with a circulation period of 1 year for UAH 1,798 million at 18.5% per annum, 1.2 years - for UAH 2,206 million at 19%, 1.6 years - for UAH 479 million at 19.5% per annum and 2 years - for UAH 6,378 million at 19.6% per annum.

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