The Ministry of Finance of Ukraine issued war bonds worth UAH 17.032 bln, EUR 136 mln and USD 244 mln

The Ministry of Finance of Ukraine issued war bonds worth UAH 17.032 bln, EUR 136 mln and USD 244 mln

On Tuesday, June 20, the Ministry of Finance placed war bonds worth UAH 17.032 bln, EUR 136 mln and USD 244 mln

The ministry placed securities with a maturity of 1 year for UAH 10,253 million at 18.5% per annum, 1.3 years for UAH 721 million at 18.23% per annum, 1.6 years for UAH 1,404 million at 19.3% per annum, and 2.7 years for UAH 4,654 million at 19.75% per annum.

The securities denominated in dollars are placed with a maturity of 9 months for USD 244 million at 4.80% per annum, in euros - with a maturity of 1 year for EUR 136 million at 3.24% 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 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%, 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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