Finance Ministry Will Place War Bonds In Hryvnia On May 10

The Ministry of Finance on May 10 will place war bonds denominated in hryvnia.

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

Securities with a circulation period of 77, 175 and 532 days are offered for placement.

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, UAH 3.3 billion, on April 5 - for UAH 5.6 billion, April 12 - for UAH 6.2 billion, April 19 - for UAH 157 million, USD 82 million and EUR 33 million, April 26 - for UAH 13 billion, May 3 - for UAH 5.7 billion and USD 50.3 million.

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

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

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