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The Ministry of Finance issued war bonds worth UAH 16.3 billion

Photo: fakti.com.ua

Every hryvnia invested in bonds supports the Armed Forces of Ukraine and the country’s financial stability, the department said.

On Tuesday, March 19, the Ministry of Finance attracted 16.3 billion hryvnias to the state budget in an auction for the placement of domestic government loan bonds (OVGZ). The press service of the department reported it on Facebook.

“Today the Ministry of Finance has placed bonds worth more than 16.3 billion hryvnias in the equivalent,” the statement said.

The Ministry of Finance offered investors hryvnia government bonds:

  • 3.018 billion hryvnias at 16.46% with payment in one year;

  • 4.107 billion Hryvnias at 17.35% with repayment in two years;

  • 3.370 billion Hryvnias at 18.3% with repayment in 3.3 years.

Government bonds are also offered in dollars – 150 million at 4.66% with repayment in one year.

Ministry of Finance infographics on the March 19, 2024 government bond auction

We remind you that Ukraine’s state budget deficit fell to UAH 14.9 billion in January after growing in December 2023 to a record UAH 285 billion. In general, for the year it reached more than UAH 1 trillion.

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Source: korrespondent

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