Over 21 billion invested by the Deposit Guarantee Fund in government securities since the outset of the full-scale war
In May 2023, the Deposit Guarantee Fund purchased government bonds worth 599.7 million UAH with an 18.5% annual return
Since the start of the full-scale war, the Deposit Guarantee Fund has invested more than 21 billion UAH of temporarily free funds in government securities.
This is reported by the Deposit Guarantee Fund.
The Fund's Financial Director, Olena Nuzhnenko, notes that "investing the Fund's temporarily free funds in Ukraine's government securities is envisaged by law. Government bonds are one of the most reliable, state-guaranteed investment tools."
The Deposit Guarantee Fund emphasises that 100% deposit guarantees are in effect during the martial law and for three months after its termination in Ukraine.
The main sources of fund formation include initial and regular contributions from banks – members of the Deposit Guarantee Fund, special contributions, income received from investing the fund's money in securities, etc.
Background. Mind previously reported that since the beginning of the war, the government had raised almost 429 billion UAH through the sale of government bonds.
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