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Russian Finance Ministry to hold federal loan bonds auction on May 8

Bids for the auctions can be submitted via the Moscow Exchange or the St. Petersburg Currency Exchange

MOSCOW, May 7. /TASS/. The Russian Ministry of Finance will hold auctions to offer two issues of federal loan (OFZ) bonds on May 8.

Fixed-income OFZ bonds of Issue 26244 mature on March 15, 2034 and Issue 26242 mature on August 29, 2029 will be offered to investors, the ministry said.

Bids for the auctions can be submitted via the Moscow Exchange or the St. Petersburg Currency Exchange.

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