The Ministry of Finance of the Russian Federation will offer the classic OFZ PD-26242, PD-26240 and inflation IN-52005 on Wednesday

MOSCOW, June 6 (Reuters) – Russia’s Finance Ministry will hold three unlimited auctions on Wednesday, June 7, where it will offer federal fixed-coupon loan bonds and inflation-indexed bonds.

OFZ-PD 26242 with redemption on August 29, 2029 will be put up for the first auction in the amount of balances available for issue, i.e. 297.9 billion rubles at face value.

Then the agency will offer OFZ-PD 26240 with a redemption date of July 30, 2036, also in the amount of balances available for placement in the specified issue, that is, 7.5 billion rubles.

The last one will be the placement of the linker – OFZ-IN 52005 with a maturity date of May 11, 2033. It will also be offered for the entire available balance – 288.0 billion rubles.

The Ministry of Finance has set the following rules for tomorrow’s practices:

– 12.00 – 12.30 – submitting bids for the PD-26242 issue placement auction;

– 13.30 – entry of the limit price of the PD-26242 issue;

– 13.30 – 14.00 – submitting bids to the auction for the placement of the PD-26240 issue;

– 15.00 – entry of the cut-off price for the issue of PD-26240;

– 15.00 – 15.30 – submitting bids to the auction for the placement of the issue of IN-52005;

– 16.30 – introduction of the limit price for the IN-52005 issue.

Applications for auctions can be submitted through the Moscow Stock Exchange or SPVB. (Vladimir Abramov. Edited by Anastasia Teterevleva)


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