21 September 2022, Wednesday, 13:29 259

Finance Ministry Places War Bonds For UAH 265 Million And USD 12.4 Million

Редактор: Daria Zubkova

On September 20, the Ministry of Finance placed war bonds worth UAH 265 million and USD 12.4 million.

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

In particular, securities with a maturity of 6 months were placed for UAH 253.9 million at 12% per annum, 1 year - for UAH 4.8 million at 14% per annum, and 1.5 years - for UAH 5.9 million at 16% per annum.

The securities denominated in dollars have a maturity of 134 days and a yield of 4% per annum.

On August 16, the Ministry of Finance issued war bonds for UAH 71.5 million, which is the smallest amount since the beginning of the war.

Before this, the smallest amount was involved on July 5, it amounted to UAH 128 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.

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