The Russian Ministry of Finance will hold federal loan bond auctions on November 6 – Business & Economy

MOSCOW, November 5. /TASS/. The Russian Finance Ministry will hold auctions on November 6 to offer two issuances of Federal Loan Bonds (OFZ).

Fixed rate OFZ bonds of issue 26247 mature on May 11, 2039 and variable coupon bonds of issue 29025 mature on August 12, 2037 and will be offered to investors, the ministry said. Notes will be offered in the amount of balances available for tender on these issues.

Bids for the auctions can be submitted through the Moscow Exchange or the St. Petersburg Currency Exchange.

Settlements for transactions made at the auctions will be carried out on the next business day.