Politics 2024-05-15T04:56:30+03:00
Ukrainian news
Finance Ministry places war bonds worth UAH 3.2 billion and USD 208 million

Finance Ministry places war bonds worth UAH 3.2 billion and USD 208 million

Finance Ministry, UAH, USD, war bonds, Million, Billion, places

On May 23, the Ministry of Finance placed war bonds worth UAH 3.2 billion and USD 208 million.

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

The ministry placed the securities with a maturity of 1 year for UAH 452 million at 18.5% per annum, 1.5 years – for UAH 1,634 million at 19.5% per annum, and 2.7 years – for UAH 1,086 million at 19.75% yearly.

The papers denominated in dollars are placed with a maturity of 9 months for USD 208 million at 4.8% per annum.

On November 8, 2022, the Ministry of Finance issued war bonds for UAH 43.7 million, 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.

In the first four months of 2023, the Ministry of Finance attracted UAH 135.9 billion, USD 1,028 million, and EUR 87 million to the state budget by placing domestic government loan bonds.

 

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