2022-09-28T10:25:00+03:00 Politics 2023-11-15T04:57:17+02:00

Ukrainian news

Ukrainian news

Finance Ministry places war bonds worth UAH 399.3 million and USD 4.8 million

Finance Ministry places war bonds worth UAH 399.3 million and USD 4.8 million

On September 27, the Ministry of Finance placed war bonds worth UAH 399.3 million and USD 4.8 million.

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

Placed securities with a maturity of 6 months for UAH 95 million at 12% per annum, with a maturity of 1 year - for UAH 1.3 million at 14% per annum, and with a maturity of 1.5 years - for UAH 303 million at 16% per annum.

Papers in dollars have a maturity of 1 year and a yield of 4.5% 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.

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