Canada Launched Ukraine Sovereignty Bond

The Government of Canada launched a five-year Ukraine Sovereignty Bond in the amount of CAD 500 million to support Ukraine this difficult winter.  

The funds will be used for priority budgetary needs of Ukraine, including the financing of social expenditures and the recovery of critical infrastructure.

"I am grateful to the Government of Canada for this decision, and personally to the Deputy Prime Minister and Minister of Finance of Canada Chrystia Freeland for her leadership in this process. The issuance of bonds in favor of Ukraine is an extremely crucial support during the barbaric actions of russia destroying our energy infrastructure", said Minister of Finance of Ukraine Sergii Marchenko. 

After the bond issuance is concluded, CAD 500 million will be directed to Ukraine through the account of the International Monetary Fund.