Finance Ministry cancels 30 bln rbl OFZ bond auctions on no bids

MOSCOW, Sep 21 (PRIME) -- The Russian Finance Ministry has cancelled two auctions to place 30 billion rubles of OFZ government bonds with a fixed coupon because of the absence of bids at acceptable prices, the ministry said in a statement on Wednesday.

The ministry cancelled an auction to place 20 billion rubles of OFZ 26237 bonds maturing in March 2029 and 10 billion rubles of OFZ 26240 bonds maturing in July 2036.

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