Ukraine’s Ministry of Finance raised UAH 2.03bn for the state budget following an auction to place domestic government loan bonds.
As the ministry’s press service reported, one-year hryvnia bonds with a coupon rate of 15.01% per annum brought UAH 1.016bn into the budget. The state received a further UAH 1.014bn from the sale of three-year securities yielding 16.38% per annum.
Overall, since the start of this year, more than UAH 353.40bn has been raised from bond placements, and since the beginning of the full-scale invasion this figure has exceeded UAH 2.38tn.
The Finance Ministry added that all funds raised from war bonds are channelled into financing the Armed Forces of Ukraine and supporting the economy.