• News
  • Economy
  • Finance Ministry Will Place War Bonds Denominated In Hryvnias And Euros On May 16
408

Finance Ministry Will Place War Bonds Denominated In Hryvnias And Euros On May 16

The Ministry of Finance will place war bonds denominated in hryvnias and euros on May 16.

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

The bonds denominated in hryvnias have a maturity of 301, 532, and 903 days.

The securities denominated in euros have a maturity of 365 days.

ADVERTISING

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 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 war bond rates remain fixed.

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.

ADVERTISING

Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.

To request a correction, please send an email.