Finance Ministry will place war bonds denominated in hryvnias on January 31

The Ministry of Finance will place war bonds denominated in hryvnias on January 31.

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

The hryvnia-denominated bonds have a maturity of 238, 378, 637, 672, and 840 days.

On November 8, the Ministry of Finance issued war bonds for UAH 43.7 million, which is the smallest amount since the beginning of the war.

Before this, the smallest amount was involved on October 4 – UAH 44.5 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.

The Ministry of Finance fulfilled the plan for borrowing to the state budget by 67.3% and attracted UAH 1,261.1 billion in 2022.