Ukraine Raises Equivalent of $277 Million From Sale of War Bonds

(Bloomberg) — Ukraine raised 8.1 billion hryvnia ($277 million) in a sale of war bonds, its latest fundraising effort to tap into the global support for the country in its fight against Russia’s invasion.

The country also paid about $300 million of bond interest to international investors due Tuesday, honoring its financial commitments amid a devastating conflict. Yuriy Butsa, Ukraine’s debt chief, said that the government is looking at other fundraising options, including foreign currency issuance, and is in talks with the IMF and World Bank for emergency help.