How and where to buy Ukrainian military bonds – an explanation of the NBU

Payments on military bonds are 100% guaranteed.

Payments on military bonds intended for borrowing on the market in order to finance the needs of the Armed Forces of Ukraine and the state in conditions of war, guaranteed by 100%. This is partly due to the number of depositors among citizens and businesses of Ukraine on May 6 exceeded 38.5 thousand, according to the press service of the NBU.

The Ministry of Finance timely and fully fulfills its obligations. In particular, about 1,000 legal entities and individuals received UAH 3.3 billion from the redemption of the first issue of military bonds on April 27.

The results of the auctions are published at the link.

Terms of issue and purchase of military bonds :

  • The Ministry of Finance issues both hryvnia and foreign currency military bonds. At the same time, foreign currency T-bills can now be bought only for the currency in which they are denominated; euro;
  • the rate of return is determined by the auction. The rate on previously issued hryvnia bonds ranged from 9.5% to 11% per annum (depending on maturity), dollar bonds – 3.7% per annum, and on bonds denominated in euro – 2.5% per annum;
  • Military bond income taxes and fees are not charged.

How to buy:

Military bond auctions are held every Tuesday. They are the primary dealer banks (currently 11).

Citizens and businesses can purchase military IGLBs at any time through primary dealer banks or licensed investment firms. Such transactions are classified as transactions in the IGLBs secondary market.

When choosing a financial partner for military bond transactions, you should pay attention to all possible commissions and the cost of other related services provided by these institutions.

You can buy military bonds in the amount of:

    < li> from UAH 1,000 in the following banks and investment companies: Ukrgasbank, Ukreximbank, Alfa-Bank, FUIB, Pivdennyi Bank, Monobank, ICU, Univer Capital, Dragon Capital, BTS Broker and Kinto;
  • from UAH 20,000 from Credit Dnipro Bank;
  • from UAH 50,000 from Oschadbank under the simplified procedure;
  • from UAH 100 thousand – in Privatbank, Kredobank, OTP Bank;
  • from UAH 300 thousand – in TASCOMBANK;
  • from UAH 500 thousand – in Raiffeisen Bank and in Credit Agricole Bank.

You can buy military IGLBs both in bank branches and through mobile applications. Read more at the link.

Read also: Russian banks have begun to repay their obligations on domestic bonds in rubles, not dollars and euros

As ZN.UA wrote , the Ministry of Finance issued military bonds and at the first auction was able to raise from their sale UAH 8 billion. Such investment instruments are long-time companions of war, they allow people to support the military with money, and the money is borrowed and then returned with interest. Read more about why it is profitable and other details in the article by Yulia Samaeva , editor of economics – “Why buying military bonds is a good idea.”

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Based on materials: ZN.ua

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