Finance Ministry Will Place War Bonds In Hryvnia On July 5

On July 5, the Ministry of Finance will place war bonds denominated in hryvnias.

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

Securities in hryvnia have maturities of 114, 189, 364 and 721 days.

The Ministry of Finance emphasizes that war bonds are primarily an instrument to support the state budget during the period of a full-scale invasion of the Russian Federation, and not an instrument to maximize income from investment activities, so rates on war bonds remain fixed.

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 and UAH 3.3 billion, 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, May 10 - for UAH 4.7 billion, May 17 - for UAH 7.5 billion, May 24 - for UAH 9.4 billion and USD 107.2 million, on May 31 - for UAH 2.6 billion and USD 15.8 million, on June 7 – for UAH 810 million, on June 14 – for UAH 3.8 billion and EUR 54.6 million, on June 21 – for UAH 1.2 billion and USD 222 million, on June 28 – for UAH 350 million and USD 59.4 million.

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.