Tomorrow MinFin Holds Auctions on Local Bonds Sale

Tomorrow, June 7, 2022, the Ministry of Finance will hold a weekly auction for the placement of domestic government bonds. At the auction on Tuesday, instruments with a maturity of 3 months, 6 months and 1.5 years will be offered.

The 'military' bonds are primarily a tool to support the state budget during the full-scale invasion of Russia, rather than a tool to maximize return on investment. Hence, yield rates on the local bonds remain fixed. The yield rate for 3-month bonds is 9.5%, for 6-month - 10%, and for 1.5-year - 11.5%.

Funds from the placement of military bonds go to finance the needs of the Armed Forces of Ukraine and support Ukraine's economy in wartime. Each bond purchased is a bullet to the Ukrainian economy and helps our defenders.