All articles tagged with #war bonds
The Liberal Democrats propose issuing publicly available “war bonds” to raise up to £20bn for defence, letting citizens lend to the government for 2–3 years at standard gilt-rate interest, with the proceeds ring-fenced for defence and paired with reforms to the MoD’s procurement process amid calls for increased NATO-aligned spending.
The US has proposed a $50 billion war bonds program, backed by frozen Russian assets, to support Ukraine's war effort. The so-called freedom bonds would allow investors to loan Kyiv much-needed cash at favorable interest rates, with the bonds backed by interest generated from the frozen Russian assets. While the proposal is still in early stages, the US is struggling to send funding to Ukraine, with a $60 billion aid package held up in Congress. European leaders are nervous about seizing Russian assets, but some support a plan to use the proceeds to buy arms for Ukraine.