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Finance Ministry will place war bonds denominated in hryvnias on October 4

Finance Ministry will place war bonds denominated in hryvnias on October 4

Finance Ministry, war bonds, Hryvnias, place, denominated, October 4
HELP UKRAINIAN NEWS

On October 4, the Ministry of Finance will place war bonds denominated in hryvnias.

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

Bonds denominated in hryvnias have terms of circulation of 182, 357, and 525 days.

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.



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