“Vuhledar and Skadovsk will help to support Ukrainian army financially
6 January 2025 15:21
Two new military bonds, Vuhledar and Skadovsk, are already available for purchase in the Diia app. This is reported on the Government online portal, "Komersant Ukrainian" reports.
The terms of the new bonds are as follows:
“Vuhledar” – yield 15.3% per annum, repayment – April 29, 2026.
“Skadovsk – yield of 16.4% per annum, redemption on April 7, 2027.
How to buy bonds:
– open the Diia app,
– in the “Military bonds” section, select “Vuhledar” or “Skadovsk”,
– specify the number of bonds and choose a partner,
– sign the agreement and pay,
– within three business days, the bonds will appear in your account.
Bonds can also be purchased through banking applications or licensed brokers.
The Ministry of Finance reminds that Diia has the opportunity to reinvest the funds received from redeemed military bonds into new bonds.
The government reminded that military bonds are securities issued by the state to support the army and the economy during martial law. The proceeds from the sale are used to provide defenders with weapons, equipment and medicines.
Since the beginning of 2024, the state budget has already received UAH 416.3 billion thanks to the bonds.
What military bonds appeared in 2024
At the end of January 2024, Diia launched new military bonds, traditionally named after cities that are currently temporarily under occupation. In particular, the following securities appeared: “Kerch”, “Dzhankoy”, “Iron Port” and “Askania-Nova”.
In April, this list was supplemented by military bonds “Makiivka” and “Bakhchisaray”. Last year, military bonds for Lazurne, Dzharylgach, Gurzuf, Sudak, Debaltseve, and Avdiivka were issued.
The launch of the new bonds in the Diia app is part of a joint project of the Ministry of Finance and the Ministry of Digital Transformation launched in October 2022.
Bonds are an important source of financing for the state budget
Since the beginning of the full-scale war, domestic government bonds have become one of the main sources of financing for the State Budget of Ukraine and are second only to international financial support in terms of revenues.
The Ministry of Finance reported that during the 1000 days of the full-scale invasion, the state budget received UAH 1.36 trillion (USD 36.8 billion) in equivalent through the issuance of domestic government bonds.
Today, individuals account for more than 4% of the government bond portfolio, compared to 2.5% at the beginning of the full-scale invasion.
Ukrainian government bonds are bought not only in Ukraine but also in other countries. The largest number of foreign retail investors in Ukrainian government bonds are in Japan, Germany, and the United States.
