18 November 2022, Friday, 10:48 128

Finance Ministry will place war bonds denominated in hryvnias on November 22

Редактор: Roman Vaniyan

On November 22, 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 in hryvnia have terms of circulation of 133, 308, 448, and 707 days.

On November 8, the Ministry of Finance issued war bonds for UAH 43.7 million, which is the smallest amount since the beginning of the war.

Before this, the smallest amount was involved on October 4 – UAH 44.5 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.

In the first ten months of 2022, the Ministry of Finance attracted UAH 119 billion, USD 1,559 million and EUR 476 million to the state budget through the placement of domestic state loan bonds.

On September 16, the Cabinet of Ministers introduced the possibility to purchase war bonds through the Diia application.

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