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Russian Finance Ministry to hold federal loan bonds auction on November 29

Settlements under transactions made at the auction will be performed on the next business day

MOSCOW, November 28. /TASS/. The Russian Ministry of Finance announces an auction for an issue of federal loan (OFZ) bonds.

Series 26244 fixed-income OFZ bonds mature on March 15, 2034 will be offered to investors on the basis of balances available for the offering in this issue, the ministry said.

"The amount of bids to be satisfied at the auction will be driven by the demand and the amount of the premium requested by the bidders against the actual yield levels established on the market," the Finance Ministry noted.

Settlements under transactions made at the auction will be performed on the next business day.