2022-08-24T11:21:00+03:00 Politics 2023-09-15T04:54:30+03:00

Ukrainian news

Ukrainian news

Finance Ministry places war bonds worth UAH 278 million

Finance Ministry places war bonds worth UAH 278 million

On Tuesday, August 23, the Ministry of Finance placed war bonds worth UAH 278 million.

This is evidenced from the ministry's data, Ukrainian News Agency reports.

The Ministry of Finance placed securities with a maturity of 6 months for UAH 208 million at 12% per annum, 1 year - for UAH 48 million at 14% per annum, and 1.2 years - for UAH 23 million at 16% per annum.

Papers in foreign currency were not offered.

As reported by Ukrainian News Agency, the Ministry of Finance previously announced that war bonds are primarily a tool to support 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.

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