New military bonds have appeared in Diia: what are the rates and when are the payments due?
23 April 2024 13:16
Diia has launched two new military bonds named after the temporarily occupied Ukrainian cities of Makiivka in Donetsk region and Bakhchisarai in Crimea. This was reported by the Ministry of Digital Transformation of Ukraine, Komersant ukrainskyi
reports.
Citizens can purchase military bonds through Diia as follows:
- click on “Military bonds” on the main screen of the Diia app;
- select the bond, partner and quantity;
- sign and pay.
After these steps, the purchased bond will appear in the app within three days.
Deputy Prime Minister, Minister of Digital Transformation of Ukraine Mykhailo Fedorov said that the rate on the Bakhchisaray bonds is from 17%, with a maturity date of 28 June 2026. Makiivka: the rate is from 16%, with a maturity date of 12 March 2025.
“Ukrainians have already purchased more than 4 million bonds through Diia and earned more than UAH 94 million on this,”
– he emphasised.
What are military bonds?
Ukrainian government bonds (OVDPs) are government securities that you buy and get back with interest at maturity. The money from the bonds is used to buy weapons, ammunition, equipment, food and medicine for our military. It is also used to pay salaries to doctors and teachers, pensions and social benefits.
During the war, the popularity of war bonds has been growing among Ukrainians. The total amount of money invested by the population in such securities increased by UAH 22.2 billion, reaching UAH 47.7 billion.