Defence bonds were distributed for EUR 47.4 million across recent issues
From 21 July to 3 August, businesses and other organisations acquired defence bonds for a record amount of EUR 47.4 million, resulting in 1,976 transactions. New issues of defence bonds– 6-month, 1-year, 2-year, 3-year maturity – are available again starting from Tuesday. They will be subject to an annual interest rate from 2.5% to 2.8%.
Since the launch of the defence bond distribution in 2024, buyers have purchased these bonds for a total of EUR 856.8 million across 56 issues (of which EUR 47.4 million through the 53-56 issue distribution that ended on Monday).
From 21 July to 3 August, four different maturity issues were distributed:
- 6-month maturity – defence bonds of this issue were placed for EUR 10.4 million (672 transactions). This 6-month maturity issue will be subject to 1.25% of the half-yearly interest rate and will be redeemed on 2 February 2027;
- 1-year maturity – defence bonds of this issue were distributed for EUR 30.1 million (1091 transactions). This 1-year maturity issue will be subject to an annual interest rate of 2.6% and will be redeemed on 4 August 2027;
- 2-year maturity – defence bonds of this issue were distributed for EUR 5.5 million (108 transactions). This 2-year maturity issue will be subject to an annual interest rate of 2.7% and will be redeemed on 4 August 2028;
- 3-year maturity – defence bonds of this issue were distributed for EUR 1.5 million (105 transactions). This 3-year maturity issue will be subject to an annual interest rate of 2.8% and will be redeemed on 4 August 2029.
Since February, defence bonds have been distributed uninterruptedly: new defence bond issues are available again starting from Tuesday.
On 4-17 August the following 4 new defence bond issues were distributed:
- 6-month maturity – it will be subject to a half-yearly interest rate of 1.25% (redemption on 17 February 2027);
- 1-year maturity – it will be subject to an annual interest rate of 2.6% (redemption on 18 August 2027);
- 2-year maturity – it will be subject to an annual interest rate of 2.7% (redemption on 18 August 2028);
- 3-year maturity – it will be subject to an annual interest rate of 2.8% (redemption on 18 August 2029).
Defence bonds are targeted Government Savings Notes (GSNs) to finance defence needs.
Anyone wishing to purchase defence bonds can do it through dealers selected by the Ministry of Finance – Swedbank, SEB and Orion Securities. Natural and legal persons can acquire defence bonds in Swedbank, SEB online banks, Orion Securities online platform, also in SEB bank branches. More information about acquisition of defence bonds is available www.gynybosfondas.lt and on the website of the Ministry of Finance.
When the time comes to redeem defence bonds, nothing needs to be done - the money for the purchased defence bonds and the interest due on them will automatically be transferred to the same account from which the payment for the purchased defence bonds was made.
The preliminary schedule for issuance of defence bonds is updated on a monthly basis and published on the website of the Ministry of Finance.
The interest rate on defence bonds for each issue is estimated on the basis of the average interest rate on borrowing by the Government on behalf of the State for an appropriate period. The interest rate is estimated and published along with other terms and conditions of the defence bond distribution on the website of the Ministry of Finance one working day before the start of the defence bond distribution at the latest.
More information on defence bonds can be found in the dedicated section “Frequently Asked Questions” here.
Last updated: 06-08-2026
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