Ukraine raises $185 million at debt auction for war effort, says finance ministry

Reuters

LVIV, Ukraine – Ukraine raised 5.4 billion hryvnias ($185 million) on Tuesday at a third auction of local one-year bonds to raise money for its fight against Russian forces, the finance ministry said in a statement.

After Russia invaded Ukraine on Feb. 24, the Ukrainian government said it hoped to raise about $1.36 billion through new hryvnia bond issues.

($1 = 29.2500 hryvnias)

(Reporting by Natalia Zinets, Writing by Alessandra Prentice, Editing by Timothy Heritage)

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