Second War Bond Auction Raises Nearly $7 Billion in Funding

08 March 2022, 20:07 | Economy
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Today ended the second auction for the sale of military bonds of the Ministry of Finance. During the auction, the state treasury managed to attract UAH 6.6 billion at 11% per annum.

The Ministry of Finance plans to issue such bonds for UAH 400 billion.

Bonds are issued in electronic form, anyone can buy them by contacting banks acting as primary dealers:.

PrivatBank;

\;

Sberbank;

Ukrgasbank;

Ukreximbank;

Raiffeisen Bank;

FUIB;

Citibank;

Kredobank;

Alfa Bank.



After applying, the bank will open a securities account for you, taking a certain commission for this service, and will offer to sign an agreement with a broker who will make transactions with securities on your behalf. In fact, this is not as difficult as it sounds, because then you just have to tell the broker how much you would like to purchase bonds, and he will do everything for you.

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We remind you that government bonds are the best savings option, they are the most reliable investment tool that allows you to fix a fairly high yield for a long period, and besides, income payments on them are not taxed.




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