Ukraine raises another $206 million through war bonds

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  Ukraine has raised 6.04 billion hryvnias ($206 million) in the fourth round of borrowings through war bonds . it is reported by BLOOMBERG.

“Those who buy war bonds do so at below-market rates,” said Vitaliy Vavryshchuk, HEAD of Macroeconomic Research at Investment Capital Ukraine.

The yield of securities reaches 11%. In total, according to agency estimates, Ukraine raised about $691 million through military bonds. In particular, on March 1, it became known that investors purchased bonds worth $277 million.

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A debt security whose owner has the right to receive from the person who issued the bond its face value within a specified period. In addition, the bond implies the right of the owner to receive a percentage of its face value or other property rights. Bonds are the equivalent of a loan and are similar in principle to the lending process. Both governments and private companies can issue bonds.