Finance Ministry places war bonds for UAH 5 billion and USD 75 million

Finance Ministry places war bonds for UAH 5 billion and USD 75 million

On Tuesday, June 27, the Ministry of Finance placed a record-breaking amount of war bonds for UAH 5 billion and USD 75 million. This follows from a statement by the Ministry of Finance, the ...

1.6 years - for UAH 2,310 million at 19.3% per annum, and 2.7 years - for UAH 1,974 million at 19 .75% per annum.

The securities denominated in dollars are placed with a maturity of 1 per USD 75 million at 4.74% per annum.

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

Before this, the smallest amount was attracted 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 to support 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%, attracting UAH 1,261.1 billion in 2022.

In the first five months of 2023, the Ministry of Finance attracted UAH 166.2 billion, USD 1,644 million, and EUR 505 million to the state budget by placing domestic state loan bonds.

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