Finance ministry raises UAH 2.7B in state budget from sale of government bonds

Finance ministry raises UAH 2.7B in state budget from sale of government bonds

On March 14, 2023, the Ukrainian Finance Ministry raised UAH 2.7 billion in the state budget from the sale of domestic government bonds.

The relevant statement was made by the Ukrainian Finance Ministry on Facebook, an Ukrinform correspondent reports.

In particular, the Ukrainian Finance Ministry offered investors hryvnia-denominated bonds with a maturity period of one year at the rate of 18.5% (UAH 7 million), 1.3 years at the rate of 19% (UAH 64 million), and 2.3 years at the rate of 19.7% (UAH 2.65 billion).

A reminder that, in view of Russian armed aggression, the Ukrainian government endorsed a decision on the phased issue of war bonds, totaling up to UAH 400 billion. On Tuesdays, starting from March 1, 2022, the Ukrainian Finance Ministry holds domestic government bond auctions.

According to Ukrainian Prime Minister Denys Shmyhal, about UAH 600 billion was received from the placement of war bonds in 2022.

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