Ministry of Finance places domestic government bonds for UAH 7.5 billion

UAH 7.5 billion was attracted to the state budget on January 20 during auctions for placing domestic government loan bonds.

The Ministry of Finance has said this in a statement, the Ukrainian News agency reports.

The largest volume of investments was provided by bonds with a term of 1.1 years with a yield of 16.35% per annum (weighted average - 17.04%) - UAH 3.2 billion was attracted to the budget.

The 1.1-year bonds with a yield of 16.35% per annum (weighted average - 16.34%) provided UAH 2.1 billion in revenues.

Since the beginning of the full-scale war, the state has already raised about UAH 2 trillion to finance its needs through the government bonds instrument. All proceeds from the sale of war bonds are used to support the Armed Forces of Ukraine and strengthen the financial stability of the state.

As the Ukrainian News agency earlier reported, auctions for the placement of government bonds are held every Tuesday.

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