19 October 2022, Wednesday, 11:21 143

Ministry of Finance placed war bonds worth UAH 5.8 million and USD 312 million

Редактор: Roman Vaniyan

On October 18, the Ministry of Finance placed war bonds worth UAH 5.8 million and USD 312 million.

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

Placed securities with a maturity of six months for UAH 22 million at 12% per annum, 7 months – UAH 3,716 million at 14% per annum, with a maturity of 1 year – for UAH 139 million at 14% per annum, with a maturity of 1.4 years – at UAH 1,918 million at 18.5% per annum and 1.5 years – for UAH 10 million at 16% per annum.

Papers in dollars have a maturity of 5 and 6 months and a yield of 4.25% per annum.

On October 4, the Ministry of Finance issued war bonds for UAH 44.5 million, which is the smallest amount since the beginning of the war.

Before this, the smallest amount was raised on August 16 – UAH 71.5 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 September 16, the Cabinet of Ministers introduced the possibility to purchase war bonds through the Diіa application.

Prime Minister Denys Shmyhal noted that war bonds have become one of the extremely important financing tools for our army. During the full-scale war, Ukrainian businesses and citizens have already purchased war bonds worth more than UAH 100 billion.