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Finance Ministry places war bonds worth UAH 6.4 billion and USD 227 million

On Tuesday, July 25, the Ministry of Finance placed war bonds for UAH 6.4 billion and USD 227 million.

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

The ministry placed hryvnia-denominated securities with a maturity of 1.3 years for UAH 897 million at 18.3% per annum, 1.5 years - for UAH 539 million at 18.81% per annum, and three years - for UAH 5 billion at 19.75% per annum.

Besides, it placed dollar-denominated securities with a maturity of 1 year for USD 227 million at 4.71% per annum.

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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 to support 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.

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

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In the first half of 2023, the Ministry of Finance attracted UAH 195.6 billion, USD 1,964 million, and EUR 641 million to the state budget by placing domestic state loan bonds.

 

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