Canadian bonds to support Ukrainian sovereignty will appear in circulation in Ukraine.

Friday, January 27, 2023
Canadian bonds to support Ukrainian sovereignty will appear in circulation in Ukraine.

The National Commission for Securities and the Stock Market has admitted into circulation Ukraine Sovereignty bonds issued by Canada for CAD 500M ($373.3M). The coupon rate for the bonds is 3.245%. Coupon payments will be made twice a year: on February 24 and August 24, and repayment is scheduled for August 24, 2027, on the Ukraine’s Independence Day. According to the Frankfurt Stock Exchange, these bonds are quoted at a rate of 101.285% of the face value. Canada placed these five-year sovereign bonds in November 2022. It was possible to attract about 10% of the amount from individuals, and the rest was acquired by legal entities, both Canadian and international, in particular, central banks. The money can be used only for peaceful purposes: paying pensions, purchasing fuel, and restoring energy infrastructure.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Turkish floating thermal power plants will help Ukraine to overcome its electricity deficit.

Turkish floating thermal power plants will help Ukraine to overcome its electricity deficit.

Next post
Ukraine needs more support after the tank transfers.

Ukraine needs more support after the tank transfers.

Previous Main Topics