Finance Ministry places government bonds for UAH 4.6 billion

On December 16, the Ministry of Finance placed domestic government bonds for 4.6 billion hryvnias.

This was announced in a statement by the Ministry of Finance, Ukrainian News Agency reports.

UAH 4.6 billion was raised for the state budget today during auctions for the placement of domestic government bonds.

The largest volume of investments was provided by securities with a term of 3.1 years with an average weighted yield of 17.8% per annum. Investors purchased these securities for over UAH 2.1 billion.

The volume of raising funds for bonds with a term of 1.7 years at 17.1% per annum amounted to almost UAH 2 billion.

1.1-year securities with a yield of 16.35% brought UAH 550 million to the state budget.

Since the beginning of the full-scale war, the state has already attracted over UAH 1.96 trillion to finance its needs through the government bonds instrument.

As Ukrainian News Agency earlier reported, the Ministry of Finance holds auctions every Tuesday.

The face value of one bond is UAH 1,000, USD 1,000, or EUR 1,000.

Earlier, the Ministry of Finance reported that military bonds are primarily a tool to support the state budget during a full-scale invasion by the russian federation, and not a tool to maximize income from investment activities, so rates on military government bonds remain fixed.