Ukraine is negotiating a potential issue of “peace bonds” designed for retail investors from the US and European diaspora, Bloomberg reported citing sources.
“Ukraine is in talks with the EU and the US to issue so-called ‘peace bonds’ to retail investors to fund the war effort and reconstruction,” the agency said, citing a source familiar with the discussion.
The European Commission has proposed recommendations and the role of an intermediary regarding the control of new bonds. According to the source, Ukraine and the EU held relevant negotiations.
Earlier, the Treasury Department indicated that it was discussing with the US Securities and Exchange Commission the possibility of allowing US citizens to buy Ukraine’s war bonds. According to the source, the Ukrainian government is represented by an international law firm in the placement of bonds on the US market. At present, war bonds have allowed the Ministry of Finance to raise $1.53 billion, the IMF – $1.4 billion, the NBU – $1.3, the World Bank – $1 billion, EU – $0.79 billion, the report says.
