The Ministry of Finance has announced another auction to sell military bonds on March 29. The funds raised will be used to ensure the Ukrainian state budget’s priority expenditures under martial law. The term of the proposed IGLBs is 6 months and 1.3 years. The following banks offer investment in military IGLBs starting from UAH 1,000 ($33): Ukrgasbank, Ukreximbank, Alfa-Bank, FUIB, and Bank Pivdenny. The minimum investment threshold established by Oschadbank is UAH 50,000; and the minimum set by PrivatBank and Kredobank is UAH 100,000. Tascombank’s minimum is UAH 300,000, and OTP Bank and Raiffeisen Bank require UAH 500,000. The licensed brokers offering military bond purchases are ICU, Univer Capital, Dragon Capital, and BTS Broker.
A new auction for military bonds is scheduled for March 29.
The Ministry of Finance has raised the rates of dollar military bonds to 4-4.5%.