05 April 2022, Tuesday, 21:09

Finance Ministry Places War Bonds For UAH 5.6 Billion

Tetiana Herasimova

The Ministry of Finance has placed war bonds worth UAH 5.6 billion.

This is stated in the data of the Ministry of Finance, Ukrainian News Agency reports.

So, the Ministry of Finance placed bonds with a circulation period of six months for UAH 740 million at 10% per annum, with a circulation period of 1.3 years for UAH 223 million at 11% per annum, with a circulation period of eight months denominated in euros for EUR 143 million at 2.5% per annum.

On March 1, the Ministry of Finance placed war bonds for UAH 8.1 billion, on March 8 for UAH 6.7 billion, on March 15 for UAH 5.1 billion and USD 12 million, on March 22 for UAH 6 billion, on March 29 for UAH 3.3 billion.

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As Ukrainian News Agency reported, the Cabinet of Ministers intends to gradually issue war bonds up to UAH 400 billion.

President Volodymyr Zelenskyy recommends that the National Bank buy war bonds.

On March 8, the National Bank bought UAH 20 billion worth of war bonds and, if necessary, will continue to finance critical government spending under martial law.