The Ministry of Finance will hold an auction for the placement of OFZ one issue

On September 30, the Ministry of Finance of Russia will hold an auction for the placement of federal loan bonds with permanent coupon income (OFZ-PD) of 26228RMFS in the amount of balances available for placement. The agency reported this on its website.

The maturity of the bonds is April 10, 2030. The volume of satisfaction of bids at the auction will be determined based on the demand and size of the premium requested by the participants to the prevailing levels of profitability on the market.

Entering applications for the auction for the placement of bonds 26228RMFS will be held from 12:00 to 12:30 MSK. The entry of the cut-off price will take place at 14:00 MSK. Applications for auctions can be submitted through the Moscow Exchange or the St. Petersburg Currency Exchange. Settlements for concluded transactions will be carried out on the next working day.

On September 23, the Ministry of Finance placed federal loan bonds with a permanent coupon income of the PD-26249 series for 113.5 billion rubles. The demand of investors almost doubled the supply and reached 215.2 billion rubles. Revenue from the placement amounted to 97.5 billion rubles. The cut-off price was set at 83.13% of the face value, and the weighted average price was 83.1328% of the face value.