Finance Ministry places government bonds for UAH 5.3 billion

More than UAH 5.3 billion was attracted to the state budget on February 3 during auctions for placing domestic government loan bonds.

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

The largest volume of investments was provided by bonds with a term of 3 years with a yield of 17% per annum (weighted average - 16.99%) – more than UAH 3.2 billion was attracted to the budget.

Bonds with a term of 1.2 years with a yield of 15.68% per annum provided revenues of over UAH 2.1 billion.

Since the beginning of the full-scale war, the state has already attracted about UAH 2 trillion to finance its needs through the government loan bonds instrument.

All proceeds from the sale of military bonds are directed to supporting the Armed Forces of Ukraine and strengthening the financial stability of the state.

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

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