Markets

Russia sells 5bn roubles of OFZ bonds at one auction

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

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