Finance Ministry places war bonds worth UAH 3.1 billion

On Tuesday, August 1, the Ministry of Finance placed war bonds worth UAH 3,050 million.

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

The ministry placed securities with a maturity of 1.2 years for UAH 39 million at 17.8% per annum, 1.5 years – for UAH 90 million at 18.27% per annum, and 2.6 years – for UAH 2,920 million at 19.39 % per annum.

On November 8, 2022, the Ministry of Finance issued war bonds for UAH 43.7 million, 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 the Ukrainian News agency earlier reported, the Ministry of Finance previously announced that war bonds are primarily a tool to support 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%, attracting UAH 1,261.1 billion in 2022.

In the first half of 2023, the Ministry of Finance attracted UAH 195.6 billion, USD 1,964 million, and EUR 641 million to the state budget by placing domestic state loan bonds.