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Finance Ministry places war bonds worth UAH 9.2 billion

On October 17, the Ministry of Finance placed war bonds worth UAH 9.2 billion.

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

The ministry placed securities with a maturity of 1 year for UAH 1,016 million at 17.53% per annum, 1.7 years for UAH 3,175 million at 18.35% per annum, and 3 years for UAH 5,036 million at 19.18% per annum.

On November 8, 2022, the Ministry of Finance issued war bonds for UAH 43.7 million, which is the smallest amount since the beginning of the war.

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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.

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.

In the first nine months of 2023, the Ministry of Finance fulfilled the plan for borrowing from the state budget by 89% and attracted UAH 1,219.4 billion.

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