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Russian Finance Ministry to hold federal loan bonds auctions on March 2

March 01, 21:54 UTC+3 MOSCOW
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MOSCOW, March 1. /TASS/. The Russian Ministry of Finance announced an auction for two issues of federal loan (OFZ) bonds totaling 35 bln rubles ($476.5 mln) to be held on March 2, the ministry said on Tuesday.

Series 29006 variable-coupon OFZ bonds with the par value of 20 bln rubles ($272.4 mln) will be mature on January 29, 2025. Series 26217 fixed-income OFZ bonds with the par value amounting to 15 bln rubles ($204.2 mln) will be mature on August 18, 2021, the ministry said.

TASS reported earlier the owner of Rogers Holding Jim Rogers considers Russia’s short-term OFZ federal loan bonds a profitable investment.

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