Lithuanians and businesses buy 31.3 million euros in defense bonds
Translated from Lithuanian, summarized and contextualized by DistantNews.
At a glance
- Lithuania has raised nearly 31.3 million euros through the sale of defense bonds in July.
- The bonds, offered in four different maturities, attracted 1,827 transactions.
- Since the program began in 2024, Lithuania has sold defense bonds worth over 809 million euros to fund defense needs.
Lithuania has successfully raised 31.3 million euros in July through the sale of defense bonds, demonstrating continued public and business support for the nation's defense funding initiatives. The bonds were offered in four different maturities: 6-month, 1-year, 2-year, and 3-year terms.
The 6-month bonds generated nearly 9.9 million euros from 643 transactions. The 1-year bonds were the most popular, raising almost 16.5 million euros across 977 transactions. The 2-year bonds secured 2.45 million euros from 115 transactions, while the 3-year bonds brought in 2.5 million euros from 92 transactions, totaling 1,827 deals.
New emissions of defense bonds are now available, offering annual interest rates between 2.5% and 2.8%. Since the launch of the defense bond program in 2024, Lithuania has sold a total of 809.4 million euros worth of these securities across 52 emissions. These government savings instruments are specifically designated to finance the country's defense needs.
Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.