The Ministry of Finance will hold auctions to sell military bonds.

The Ministry of Finance of Ukraine will hold auctions to place Ukrainian military bonds denominated in hryvnia, dollars, and euros. It is noted that the ministry has had auctions for the sale of military IGLBs every Tuesday, since March 1. The seven previous auctions managed to attract more than UAH 41B ($1.3B) for the budget. “Funds from bonds raised in the State Budget of Ukraine are used to meet the state’s financial needs, both social and for defense,” said the Ministry of Finance. Military bonds are an investment tool to support the state budget, available to citizens, businesses, and foreign investors.