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Finance Ministry places war bonds worth UAH 7.5 billion, USD 51 million and EUR 51 million

On February 14, the Ministry of Finance placed war bonds worth UAH 7.5 billion, USD 51 million, and EUR 51 million.

This is stated in the notification of the Ministry of Finance, the Ukrainian News agency reports.

The ministry placed securities with a maturity of 9 months - for UAH 152 million at 14.99% per annum, 1 year - for UAH 20 million at 18.5% per annum, and 2 years - for UAH 7,310 million at 19.07% per annum.

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

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A total of UAH 11,372 million equivalent have been involved in 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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