About 1,000 investors invest UAH 100 mln in war bonds through ICU Trade

About 1,000 investors, including both legal entities and individuals, have invested UAH 100 million in military bonds through ICU Trade, another 2,000 are in the process of connecting to the system, the press service of the ICU financial group has reported.

"In a week, we processed about 1,000 applications from clients. At least 2,000 more patriotic investors are ready to help the country and we are actively working to connect them to ICU Trade," the press service quotes ICU founder Kostiantyn Stentsenko in a press release.

Currently, ICU provides more than 30% of all exchange trades in war bonds in terms of the volume of transactions and more than 60% – in terms of quantity, the investment group said, citing data from Ukrainian stock exchanges.

"ICU does not make money trading war bonds. There are no commissions of a trader and a depository institution for buyers of these securities through ICU Trade. On the contrary, the group directed its own funds to create an infrastructure for trading war government bonds and encourages everyone who has the opportunity to invest in these securities, thereby helping their country," the ICU said.

As ICU recalled, the Ministry of Finance has set the yield on war bonds at 11% with a maturity of March 1, 2023.

Source: www.en.interfax.com.ua