Photo: militarybonds.diia.gov.ua
Ukrainian citizens and businesses, including banks, have purchased over UAH 1 trillion (roughly US$25 billion) worth of domestic government bonds on market terms since the start of the full-scale invasion.
Source: press service of Ukraine’s Finance Ministry
Details: “Thanks to the funds raised from domestic government bonds, we could finance over 200 days of our defence and protection, equivalent to 15% of Ukraine’s GDP in 2023. In general, investments in bonds have become the second largest source of financing for the state treasury after international aid,” said Ukraine’s Finance Minister Serhii Marchenko.
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A total of more than UAH 1.6 trillion (roughly US$40 billion) worth of domestic government bonds are currently in circulation, including 42.2% held by commercial banks, 41.5% by Ukraine’s National Bank, 10% by legal entities, 3.8% by individuals, 2.4% by…
