Ukraine Raises $229 Million in Second ‘War Bond’ Auction
Ukrainian soldiers walk across a destroyed bridge during the evacuation of civilians in the city of Irpin, northwest of Kyiv, on March 8.
Photographer: Sergei Supinsky/AFP/Getty ImagesThis article is for subscribers only.
Ukraine raised 6.7 billion hryvnia ($229 million) in a second sale of war bonds, as it continues efforts to fund the country’s defense against Russia’s invasion.
The bonds were priced to yield 11% and have a par value of 1,000 hryvnia -- about $33, according to the country’s Ministry of Finance. They are one of a number of ways Ukraine has sought to crowdfund money for both its armed forces and civilians facing the much larger Russian army.