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

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

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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.

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