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Markets

Russia sells 5bn roubles of OFZ bonds at one auction

Published October 10, 2018 Updated October 10, 2018 01:22pm

MOSCOW: Russia's Finance Ministry sold 5 billion roubles ($75.66 million) of OFZ treasury bonds at one auction on Wednesday.

The ministry reduced the offer size from usual level of at least 10 billion roubles and sold OFZ bonds, maturing in December 2021, at the cut-off price of 96.8808 pct.

The ministry has cancelled OFZ auctions over the past month

due to what is has called adverse market conditions.

Copyright Reuters, 2018
 

 

 

 

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