The Ukraine government issued war bonds Tuesday to fund its defense against a Russian invasion, raising about 8.1 billion hryvnia (or $270 million).
The office issued two sets of bonds, with one having a 1-year maturity and an 11 percent yield, while the other matures in two months and has a 10 percent yield, it said.
People participate in a pro-Ukrainian protest in Lafayette Park near the White House on February 27, 2022, in Washington, DC. "Under the state of war, the Ministry of Finance ensures fulfillment of the state needs, its security, social protection of the population, macroeconomic and financial stability of Ukraine," the foreign ministry office said in a second post.
"Despite the difficult conditions due to the military aggression of the Russian Federation, the budgetary system of Ukraine functions in full scale. The Ministry of Finance, the Treasuryand the National Bank of Ukraine jointly ensure the settlement of all necessary payments," it added. Ukrainian President Volodymyr Zelenskyy answers questions from the media in Kyiv, Ukraine, on Friday.
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Ukraine government issues war bonds to fund military, raises $270 millionThe Ukraine government issued war bonds to fund its defense against Russia, raising about 8.1 billion hryvnia (or $270 million), officials said.
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