Finance Ministry places war bonds for UAH 187 million and EUR 34 million

On September 13, the Ministry of Finance placed war bonds worth UAH 187 million and EUR 34 million.

This follows from a statement by the Ministry of Finance, the Ukrainian News agency reports.

In particular, securities with a maturity of 6 months were placed for UAH 18 million at 12% per annum, 1 year - for UAH 3 million at 14% per annum, and 1.5 years - for UAH 166 million at 16% per annum.

The securities denominated in euros have a maturity of 9 months and 1.5 years and a yield of 2.5% per annum.

On August 16, the Ministry of Finance issued war bonds for UAH 71.5 million, which is the smallest amount since the beginning of the war.

Before this, the smallest amount was involved on July 5, it amounted to UAH 128 million.

As the Ukrainian News agency earlier reported, the Ministry of Finance previously announced that war bonds are primarily a tool for supporting the state budget during a full-scale invasion of the Russian Federation, and not a tool for maximizing income from investment activities, therefore military bond rates remain fixed.

On March 22, 2022, the National Bank started publishing statistics of the NBU depository on war bonds on a weekly basis.