Finance Ministry places war bonds worth UAH 6.5 billion

On November 28, the Ministry of Finance placed UAH 6.5 billion worth of war bonds.

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

The ministry placed securities with a maturity of 8 months for UAH 2,763 million at 16.53% per annum, 1.9 years – for UAH 3,067 million at 17.64% per annum, and 3.3 years – for UAH 695 million at 18.60% per year.

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 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.

In the first nine months of 2023, the Ministry of Finance fulfilled the plan for borrowing from the state budget by 89% and attracted UAH 1,219.4 billion.