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The Ministry of Finance has not raised rates on military government bonds

Photo: ubr.ua

The National Bank had earlier raised the discount rate to 25% and expects the Finance Ministry to raise bond yield rates.

The Ministry of Finance has decided not to raise yield rates on war bonds, the auction of which will take place on June 7, the ministry’s press service reports.

Thus, the rate of return on 3 -month government bonds is 9.5%, on 6 -month bonds – 10%, and on 1.5 -year bonds – 11.5%.

“War bonds were, first of all, a tool to support the state budget during a full -scale invasion of the Russian Federation, and not a tool to maximize profits from investment activities, so the rates on military government bonds remain fixed, ”the report said.

Earlier, the National Bank explained the decision to raise the discount rate from 10% to 25% by saying that it will help maintain a stable hryvnia exchange rate and protect the income and savings of citizens from in depreciation.

Also, the NBU expects that due to the increase in the discount rate, rates on government bonds should rise.

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Source: korrespondent

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