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Russian Finance Ministry to hold two federal loan bonds auctions May 25

The Russian Ministry of Finance announces auctions for two issues of federal loan bonds totaling 20 bln rubles ($299.5 mln) to be held on May 25

MOSCOW, May 24. /TASS /. The Russian Ministry of Finance announced auctions for two issues of federal loan (OFZ) bonds totaling 20 bln rubles ($299.5 mln) to be held on May 25, the ministry said on Tuesday.

Series 26217 fixed-income OFZ bonds offered with the par value of 10 bln rubles ($149.7 mln) will be mature on August 18, 2021. Series 26218 fixed-income OFZ bonds with the par value amounting to 10 bln rubles ($149.7 mln) will be mature on September 17, 2031, 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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