Since the beginning of the full-scale war, the National Bank has purchased UAH 225 billion worth of domestic government military bonds, Deputy Chairman of the National Bank, Serhiy Nikolaychuk has said.
“Since the beginning of the war, the National Bank has purchased UAH 225 billion ($7.6 billion) worth of military bonds from the government. Of them, UAH 20 billion – in March and UAH 50 billion each – in April and May. In June, the volume of emission financing of the budget deficit increased to UAH 105 billion,” he said.
Nikolaychuk clarified that the reason was the irregularity and slow pace of receipt of international aid in May and early June, as well as the government’s weak involvement in the domestic debt market due to the unwillingness to raise the yield on hryvnia government bonds to the market level. (Ukrinform/Business World Magazine)