Russian Finance Ministry to hold federal loan bonds auctions


The Russian Ministry of Finance announced an auction for an issue of federal loan (OFZ) bonds totaling 15 bln rubles ($232.9 mln) to be held on August 24, the ministry said on Tuesday.

Series 26217 floating coupon OFZ bonds to be offered with the par value of 15 bln rubles ($232.9 mln) will be mature on August 18, 2021, 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.

Source: TASS

Author: zeina

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