Canadian Prime Minister Justin Trudeau said on Wednesday that the federal government has completed issuing $500 million bonds to support Ukraine, referring to the bond campaign as another sign of Canada's support for the besieged country.

Trudeau also said about the bonds during his appearance at the upcoming Reuters conference: "It has been fully subscribed, which shows how Canadians see themselves, that we need to stand with Ukraine in very reliable ways."

The government-backed, five-year bonds were first announced last month, with the funds raised expected to be directed as a loan to Ukraine through the International Monetary Fund so that the country can continue essential operations.

These include non-military needs such as paying pensions and keeping facilities operating while Ukraine continues to resist the Russian invasion at the start of winter, and the exact terms will depend on negotiations between Ottawa and Kyiv.

The funds raised through the bond campaign will also be added to around two billion dollars of other financial and military aid that Canada has already provided to Ukraine, which was invaded by Russian forces in late February.

In a statement, the Canadian Department of Finance said a group of Canadian and foreign investors bought the bonds between November 22 and 29. This includes $50 million purchased by individual Canadians, although full details were not provided.

The department also noted that Canadians interested in buying bonds sold in $100 denominations can still purchase them from participating financial institutions.

The conclusion of the bond campaign comes as the North Atlantic Treaty Organization (NATO) military alliance offered new support to three countries shaken by the impact of the ongoing 10-month Russian war: Moldova, Bosnia, and Georgia.

In the same context, this support came from NATO allies when the foreign ministers of the three countries met with their NATO counterparts in Brussels to discuss how the world's largest security organization can help them face the political, energy, and territorial uncertainties sparked by the war.