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Finance Ministry places war bonds worth UAH 5.8 billion, USD 174 million, and EUR 7 million

The Ministry of Finance has placed war bonds worth UAH 5.8 billion, USD 174 million, and EUR 7 million.

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

The ministry placed securities with a maturity of 9 months - for UAH 50 million at 15% per annum, 1.8 years - for UAH 14 million at 19.5% per annum, and 2.3 years - for UAH 5,739 million at 19.59% per annum.

Papers denominated in dollars have a maturity of 6 months and a yield of 4.25% per annum, in those in euros - 6 months and 2.5% per annum.

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A total of UAH 12,437 million in equivalent were attracted to the state budget.

On November 8, 2022, 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, 2022 – 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.

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The Ministry of Finance fulfilled the plan for borrowing to the state budget by 67.3% and attracted UAH 1,261.1 billion in 2022.

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