BREAKING NEWS

Ukraine raises $207 million at bond auction for war effort, says finance ministry

Ukraine raised 6.04 billion hryvnias ($207 million) on Tuesday at its latest auction of local 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.