2024-04-29T11:44:00+03:00 Politics 2024-05-18T04:04:11+03:00

Ukrainian news

Finance Ministry will place war bonds only in hryvnia on April 30

Finance Ministry will place war bonds only in hryvnia on April 30

On April 30, the Ministry of Finance will place war bonds only in hryvnia.

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

The bonds in hryvnia have a maturity of 364, 686, and 1,162 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.