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Russian Finance Ministry to hold two federal loan bonds auctions on April 27

April 26, 2016, 17:19 UTC+3 MOSCOW
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MOSCOW, April 26. /TASS /. The Russian Ministry of Finance announced auctions for two issues of federal loan (OFZ) bonds totaling 25 bln rubles ($379.2 mln) to be held on April 27, the ministry said on Tuesday.

Series 29006 variable-coupon OFZ bonds with the par value of 15 bln rubles ($227.6 mln) will be mature on January 29, 2025. Series 26207 fixed-income OFZ bonds with the par value amounting to 10 bln rubles ($151.7 mln) will be mature on February 3, 2027, 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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