Ukraine's War Bonds: A Patriotic Investment with High Returns

Ukrainian lawyer Olesia Mykhailenko encourages citizens to invest in war bonds, both for patriotic support and financial gain. With high-interest rates, these bonds protect against inflation. As the war continues, domestic borrowing grows vital to fill the funding gap left by closed international markets.

The Ukrainian government is urging citizens to invest in war bonds, a strategy to fund its ongoing conflict with Russia. Prominent lawyer Olesia Mykhailenko, with financial expertise and a significant social media following, highlights the dual benefits of bonds: supporting national defense and safeguarding personal finances against inflation.

Domestic investments, primarily through commercial banks, have surged since the Russian invasion. This has become crucial as the government navigates a significant budget deficit, exacerbated by closed international bond markets. War bonds, with attractive yields and tax exemptions, appeal to both national and foreign investors.

Investors are drawn not only by returns of 15%–18% on hryvnia bonds but also by the symbolism attached to buying these securities. Bonds available via the Diia online platform bear the names of cities occupied by Russian forces, creating a patriotic narrative tied to financial gain.

(With inputs from agencies.)