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Finance Ministry will place war bonds denominated in hryvnias on August 8

On August 8, the Ministry of Finance will place war bonds in hryvnias.

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

The bonds denominated in hryvnias have a maturity of 420, 525 and 1,078 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.
Before this, the smallest amount was attracted on October 4 - UAH 44.5 million.

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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, 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.

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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