Finance Ministry will place war bonds in hryvnias and dollars on March 5

On March 5, the Ministry of Finance will place war bonds denominated in hryvnias and U.S. dollars.

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

The bonds denominated in hryvnias have a maturity of 371, 693 and 1,218 days.

The securities denominated in dollars will have a maturity of 414 days.

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 – 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.

Actual state borrowings to the general fund of the state budget for 2023 amounted to UAH 1.68 trillion, or 73.7% of the planned for this period.