Facebook Pixel

Bonds bring another 6 billion UAH to budget

From the fourth auction of military bonds, the government has raised 4.8 billion UAH for the army. In total, the Ministry of Finance raised 6 billion UAH for the budget at the auction on Tuesday. This was reported in the Telegram channel of the Ministry of Finance of Ukraine.

Military bonds are issued with a maturity of one year at a rate of 11% per annum.

Moreover, the government has placed "short" papers with a maturity of 2 months at a rate of 10% per annum. Another 1.2 billion UAH was raised from their sale.

Earlier, the Ministry of Finance compiled a list of banks — primary dealers and licensed brokers that actively help Ukrainian citizens to invest in military domestic government bonds.

Context. In total, it is planned to raise 400 UAH billion through the sale of military bonds. At the first auction of military bonds, the government raised 8 billion UAH, at the second — 6.7 billion UAH, and at the third — 5.4 billion UAH, including from placing dollar-denominated securities. The securities worth 20 billion UAH were also bought out by the National Bank of Ukraine.

The bond sales auctions are held every Tuesday.

Thank 🎉