The Treasury Department Placed Military Bonds For Nearly ₴718 Million

Published by
Peter Kavinsky

On September 20, the Ministry of Finance withdrew UAH 717.88 million to the state budget from the sale of military bonds.

According to Ukrinform, this is reported by press service of the Ministry of Finance of Ukraine.

“Based on the results of the bond placement of the internal government bond on September 20, 2022, UAH 717,880,286.77 (at the NBU rate) was attracted to the state budget,” the message said.

Also read: “Dії” will provide a military bond purchase service

As reported, in connection with the Russian aggression, the Ukrainian government decided to issue war bonds in phases. It is planned to conduct internal government loans in the amount of up to 400 billion UAH. The Ministry of Finance will hold auctions for the sale of government bonds every Tuesday from March 1.

According to the NBU, on September 19, during the large-scale war between Russia and Ukraine, the amount paid by the government to repay domestic debt instruments of 55.4 billion UAH is higher than the amount raised at auctions to the state budget. for the sale of government bonds.

Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

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