Ukraine raised US$ 277 million in the sale of war bonds. This is the latest fundraising effort from Ukraine to leverage global support to counter the Russian invasion.
As quoted by Bloomberg, Tuesday (1/3), this war bond offers a yield of 11% and has a par value of around US$ 33.
The sale of war bonds is quite difficult for investors to buy. The Ukrainian Ministry of Finance cut off access to its website from abroad to avoid cyber attacks.
Concerns about the completion of the bond purchase process and the lack of information have prevented some funds from being sent from international purchases.
In the face of Russia's far greater military might, war bonds are one of a number of moves by Ukraine to fund its armed forces and for its civilians.
Ukraine's central bank created a special account last week for people around the world to donate. Even governments share details of crypto addresses to raise funds in Bitcoin and other digital tokens.
The digital token accounts had received more than $17 million as of Tuesday morning local time, according to blockchain analytics firm Elliptic. Including NGOs providing support to the Ukrainian military, the total contribution amounted to US$ 24.6 million.
