The ministry maintains rates on all bonds, which increase in value due to increased sales of 18-month notes.
The Ministry of Finance at an auction on May 17 raised UAH 7.46 billion in military bonds, which is 57.4% more than a week earlier.
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Noticed that this is possible due to the growth of sales of 18-month bonds, which were first offered last week. Then the volume of their sales reached UAH 87.2 million, and the day before – UAH 3.86 billion. At the same time, the number of applications increased from 19 to 29.
Bonds ending in three months were sold very similar to those in previous auctions – by UAH 1.32 billion, while sales of six -month bonds dropped to UAH 2.27 billion from UAH to 3.35 billion last week, with decrease in the number of applications from 46 to 37.
Also, the Ministry of Finance keeps rates on all bonds at the same level: three months – 9.5%, six months – 10% and 18 months – 11.5% per annum.
It should be noted that since the beginning of the war, the National Bank has bought military bonds worth UAH 100 billion.
During the war, the main sources of funding in the state budget were war bonds, loans from international financial organizations, as well as bilateral loans and grants.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.