Finance Ministry Places War Bonds Worth UAH 10.6 Billion

The Ministry of Finance has placed UAH 10.6 billion worth of war bonds.

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

The ministry placed securities with a maturity of 9 months for UAH 229 million at 15% per annum, 1 year - for UAH 2 million at 18.5% per annum, 1.8 years - for UAH 0.15 million at 19.5% per annum, 2.3 years - for UAH 10,376 million at 19.5% per annum.

A total of UAH 10,607 million has been drawn to the state budget.

On November 8, 2022, 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, 2022 - UAH 44.5 million.

As 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.