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Finance Ministry Places War Bonds For UAH 3.1 Billion

On Tuesday, August 2, the Ministry of Finance placed war bonds for UAH 3,112 million.

This is evidenced from the data of the Ministry, Ukrainian News Agency reports.

The Ministry of Finance placed securities in hryvnia with a circulation period of 6 months for UAH 23 million at 10% per annum, with a circulation period of 1 year - for UAH 20 million at 14% per annum, with a circulation period of 1.2 years - for UAH 3,069 for 16% per annum.

The Ministry of Finance emphasizes that war bonds are primarily an instrument to support the state budget during the period of a full-scale invasion of the Russian Federation, and not an instrument to maximize income from investment activities, so rates on war bonds remain fixed.

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On March 1, the Ministry of Finance placed war bonds for UAH 8.1 billion, on March 8 - for UAH 6.7 billion, on March 15 - for UAH 5.1 billion and USD 12 million, on March 22 - for UAH 6 billion and UAH 3.3 billion, April 5 - for UAH 5.6 billion, April 12 - for UAH 6.2 billion, April 19 - for UAH 157 million, USD 82 million and EUR 33 million, April 26 - for UAH 13 billion, May 3 - for UAH 5.7 billion and USD 50.3 million, May 10 - for UAH 4.7 billion, May 17 - for UAH 7.5 billion, May 24 - for UAH 9.4 billion and USD 107.2 million, on May 31 - for UAH 2.6 billion and USD 15.8 million, on June 7 – for UAH 810 million, on June 14 – for UAH 3.8 billion and EUR 54.6 million, on June 21 – for UAH 1.2 billion and USD 222 million, on June 28 – for UAH 350 million and USD 59.4 million, on July 5 - for UAH 128 million, on July 12 - for UAH 144 million and USD 330 million, on July 19 - for UAH 1.9 billion and USD 32.1 million, on July 26 – for UAH 4.3 billion, USD 50 million and EUR 100 million.

As Ukrainian News Agency reported, the Cabinet of Ministers intends to gradually issue war bonds up to UAH 400 billion.

President Volodymyr Zelenskyy recommends that the National Bank buy war bonds.

On March 22, 2022, the National Bank began publishing the statistics of the NBU depositary on war bonds on a weekly basis.

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