The sale of military bonds attracted UAH 2.9B to the budget.
Thursday, July 21, 2022

The sale of military bonds attracted UAH 2.9B to the budget.

The auction for the sale of military bonds on July 19 brought UAH 2.9B ($80M) to the budget, announced the Ministry of Finance. The Ministry increased the interest rates on military bonds with a term of 1 year from 11% to 14%. Last week, the ministry was able to attract only UAH 98M with an interest rate of 11%. And on July 19, similar securities with a rate of 14% drew UAH 1.78B. Also, the Ministry of Finance placed UAH 16M of 2-month hryvnia bonds at 9.5%, 3-month securities at 9.5%, attracted UAH 115M, and six-month bonds at 10%, drew UAH 18M. These interest rates have not changed. Dollar bond rates also did not change: 6-month bonds were offered at 4% and brought $15M, and one-year bonds at 4.5% brought $17M.

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