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Finance Ministry Places War Bonds Worth UAH 8 Billion, USD 43 Million

On February 21, the Ministry of Finance placed war bonds worth UAH 8 billion, USD 43 million.

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

The ministry placed securities with a maturity of 9 months - for UAH 535 million at 15% per annum, 1 year - for UAH 49 million at 18.5% per annum, and 2 years - for UAH 7,393 million at 18.51% per annum.

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

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A total of UAH 9,563 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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