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Finance Ministry will place hryvnia-denominated war bonds on July 4

The Ministry of Finance will place war bonds denominated in hryvnias on July 4.

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

The hryvnia-denominated bonds will have a maturity of 357, 455, 560, and 959 days.

On November 8, the Ministry of Finance issued war bonds for UAH 43.7 million, the smallest amount since the beginning of the war.

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Before this, the smallest amount was involved on October 4 – 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, war bond rates remain fixed.

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

In January-May, the Ministry of Finance attracted UAH 166.2 billion, USD 1,644 million, and EUR 505 million to the state budget by placing domestic state loan bonds.

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