The Ministry of Energy of Ukraine has completed the second stage of investing financial reserve funds in state military bonds of domestic state loan.
The financial reserve is formed at the expense of regular contributions of JSC “NNEC “Energoatom”. Previously, these funds were accumulated in accounts, but due to inflationary processes they gradually lost their real value. Investing in government securities allows you to protect funds from inflationary depreciation, preserve their purchasing power and ensure additional replenishment of the reserve at the expense of income from government securities.
According to the results of the second auction for the placement of bonds on July 28, 494,940 military bonds of domestic state loan were purchased for a total amount of UAH 517 million.
As a result of two auctions on June 23 and July 28, the Ministry of Energy of Ukraine purchased 813,711 military bonds of the domestic state loan for a total amount of over UAH 844 million. In the future, these funds will be used to finance the decommissioning of nuclear facilities.
The implementation of this mechanism ensures effective management of the financial reserve funds and strengthens the financial basis for Ukraine to fulfill its obligations in the field of decommissioning of nuclear facilities. (Energy Ministry)