2022-10-21T10:20:00+03:00 Economy 2023-11-15T04:53:57+02:00

Ukrainian news

Ukrainian news

Finance Ministry Will Place War Bonds Denominated In Hryvnias And Dollars On October 25

Finance Ministry Will Place War Bonds Denominated In Hryvnias And Dollars On October 25

On October 25, the Ministry of Finance will place war bonds in hryvnias and dollars.

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

The bonds denominated in hryvnia have a maturity of 161, 336, and 504 days.

The securities denominated in dollars have a maturity of 334 days.

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 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 Diia 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.