Finance

The EU has raised money for Ukraine through the issuance of bonds.

Thursday, September 14, 2023
The EU has raised money for Ukraine through the issuance of bonds.

The European Commission placed bonds on behalf of the EU in the amount of €5B. Part of the funds raised under the Macro-Financial Assistance Plus program will be directed to Ukraine’s financial assistance. As reported by the European Commission, the demand for these seven-year bonds at 3.125% exceeded the supply more than nine times. Investors placed applications for €46B.

Within this program, the European Commission has already allocated €12B to Ukraine; another €1.5B is planned for the end of September. In total, Ukraine will receive €18B in 2023. This is the ninth bond issued by the European Commission this year. In the second half of 2023, the European Commission will issue bonds for €40B.

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