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Russian Finance Ministry to hold federal loan bonds auction on November 2

MOSCOW, November 1. /TASS/. Russian Ministry of Finance announced an auction for an issue of federal loan (OFZ) bonds totaling 10 bln rubles ($158.3 mln) to be held on November 2, the ministry said on Tuesday.

Series 29006 floating coupon OFZ bonds to be offered with the par value of 10 bln rubles ($158.3 mln) will be mature on January 29, 2025, 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.