Russian FinMin scraps OFZ bond offering limit for Feb. 13 auctions

12 Feb, 2019

The ministry said it would offer bonds maturing in February 2024, and bonds maturing in May 2029, at two auctions on Wednesday.

Last week, the ministry, which usually offers OFZ bonds at weekly auctions every Wednesday, said it could be more flexible in its reaction to changes in market conditions and fulfil more bids for its bonds if it stops setting the ceiling.

Copyright Reuters, 2019

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