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Russian Finance Ministry to hold two federal loan bonds auctions on August 17

August 16, 16:55 UTC+3 MOSCOW
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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.

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