MOSCOW, August 16. /TASS/. The Russian Ministry of Finance announced auctions for two issues of federal loan (OFZ) bonds totaling 20 bln rubles ($312.5 mln) to be held on August 17, the ministry said on Tuesday.
Series 29011 floating coupon OFZ bonds with the par value of 10 bln rubles ($156.2 mln) will be mature on January 29, 2020. Series 26219 fixed-income OFZ bonds to be offered with the par value of 10 bln rubles ($156.2 mln) will be mature on September 16, 2026, 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.