The Ministry of Finance has increased the rate for military bonds to 19.25%.
At the auction on Tuesday, November 22, the Ministry of Finance raised UAH 1.18B from the placement of military bonds. The rate on hryvnia 2-year securities increased to 19.25%, reported the Ministry of Finance. As well, UAH 236M was raised from the placement of 6-month military bonds, with an interest rate of 14% per annum. However, only UAH 13M was received from the placement of annual bonds at 14% per annum. At the same time, only UAH 12M was raised from the sale of bonds with a maturity of 1.2 years with an interest rate of 18.5%. The noteworthy move was the increased rate on hryvnia 2-year bonds and the largest amount, UAH 918M, was attracted from the placement of such bonds.