Ukraine secures $270 million through the sale of war bonds to finance its military amidst ongoing Russian invasion.

• The ministry announced that the funds from the bonds will be utilized to support the Ukrainian military and maintain the country's financial stability during the conflict.
• On Tuesday, the finance ministry of the country announced that the bonds will have a yield of 11% and a tenure of one year through a tweet.
• Ukraine has also been raising funds through other ways.

On Tuesday, Ukraine's government announced the issuance of war bonds and stated that they have raised approximately 8.14 billion Ukrainian hryvnia ($270 million).

The finance ministry of the country announced that the bonds will have a yield of 11% and a tenure of one year, via a tweet.

The ministry tweeted that the funds from the bonds will be utilized to support the Ukrainian military and maintain the country's financial stability during the war. Unfortunately, their website is currently unavailable.

The nominal value per bond is 1,000 hryvnia ($33).

Another $7 million was raised by the government through the issuance of bonds with a two-month tenure and a 10% yield.

The Wall Street Journal reported that the bond sale was executed through dealers such as Citigroup, Raiffeisen Bank, and OTP Bank Nyrt, as stated in a call between an Ukrainian official and investors.

CNBC has reached out to the banks for comment.

Since the Russian invasion began last week, Ukraine's armed forces have mostly kept Russian troops at bay. Despite being smaller in size, Ukraine has managed to protect and maintain control over crucial cities, while also impeding Russia's progress towards Kyiv.

Despite Ukraine's surprising resilience, many analysts predict that Russia will ultimately triumph due to Moscow's substantial military resources. In 2020, Ukraine's military expenditure was $5.92 billion, a small fraction of Russia's $61.71 billion spent, according to World Bank data.

Kyiv is being targeted by a Russian convoy as Ukraine looks for funding through various sources amid ongoing conflict.

On Saturday, the Ukrainian government's official Twitter account shared the addresses of two crypto wallets, one that accepts only Bitcoin and the other that takes both Bitcoin and Tether, a token that mirrors the value of the U.S. dollar.

According to research from blockchain analytics firm Elliptic, as of Sunday, those wallets have attracted $10.2 million worth of crypto. Additionally, millions in digital currency have been donated to nongovernmental organizations supporting the Ukrainian military.

— CNBC’s Ryan Browne contributed to this report.