A week ago, the Ministry of Finance put war bonds at a record high of 18.5%. Most bonds are bought by banks.
At the time of the Russian invasion, Ukraine put up UAH 166.4 billion in war bonds, or about $5 billion. This was reported by the press service of the National Bank.
“The largest portfolio of relevant securities as of October 24 was held by banks – mainly dealers. The portfolio of military bonds, concentrated by citizens and businesses of Ukraine, was the second largest,” said report.
In general, during martial law, the government raised rates on a number of hryvnia securities (the highest yield was 18.5% per year), as well as on all dollar government bonds (the highest yield is 4.5% per year).
Rates on hryvnia military bonds for 3 months, as well as on government bonds denominated in euros, have not changed and amount to 9.5% per annum and 2.5% per annum, respectively.
Recall that a week ago, the Ministry of Finance placed military bonds for UAH 17.22 billion. At the same time, for the first time since the beginning of a large-scale war, the yield of hryvnia government bonds increased to 18.5% in 1.4 years. Previously, the top rate was 16%.
Note that war bonds can be purchased through Diyu.
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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.