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Finance Ministry places war bonds worth UAH 9.6 billion

On May 28, the Ministry of Finance placed UAH 9.6 billion worth of war bonds.

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

The ministry placed the bonds with a maturity of 1 year for UAH 3,228 million at 14.96% per annum, 1.8 years for UAH 3,146 million at 15.9% per annum, and 3.3 years for UAH 3,197 million at 16.57 % per annum.

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.

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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.

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.

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