The National Bank advised the Ministry of Finance to raise bond rates to make them more attractive to buyers.
The National Bank made the fifth redemption of military bonds in the amount of UAH 30 billion. After that, the portfolio of military government bonds owned by the central bank reached UAH 100 billion, according to its website on Tuesday, May 10.
function news4461575() {
$.get(‘//’ + window.location.host + ‘/ajax/module.aspx?spm_id=444&id=4461575&lang=2&IsAjax=true’, function (data) { $(‘#nk4461575’).html(data); });
}
news4461575();
It is known that the purchase of government bonds of the National Bank in peacetime is prohibited by law, but against the background of the economic crisis provoked by the war, the regulator was forced to support the state budget.
At the same time, the NBU said that the issue of the hryvnia can not be the main source of funding for government spending and expects increasing market demand for military bonds, due to significant liquidity of the banking sector – UAH 227 billion in the hryvnia and $ 7.3 billion in foreign currency.
The National Bank advised the Ministry of Finance to raise bond rates to make them more attractive to buyers.
“The current and projected growth rates of consumer prices remain an important benchmark for such levels,” the NBU stressed.
Earlier, the National Bank published an infographic showing the sources of filling the state budget of Ukraine during the war.
News from Athletistic in the Telegram. Subscribe to our channel Athletistic
Source: korrespondent
