The National Bank will be the buyer of military bonds of the domestic state loan, the issue of which is planned to amount to UAH 400 billion.
This is stated in the relevant government decree.
"The Ministry of Finance should ensure the placement of bonds for their purchase by the National Bank and provide funds for their redemption and maintenance when drafting the state budget of Ukraine for the relevant year," the document says.
Bonds will be issued at 11% per annum. The circulation period is up to 15 years. The coupon period is one year.
It will be recalled that the special account of the National Bank, opened to raise funds in support of the Armed Forces of Ukraine, received almost UAH 300 million in one day. The funds came from both business and citizens of Ukraine, as well as from the international community, including the EU, the United States, Canada, Britain and others.
Experts believe that the purchase of domestic government bonds by the National Bank of Ukraine is justified against the background of Russian aggression.