Ministry cancels Wed OFZ bond auctions over market volatility

MOSCOW, Nov 23 (PRIME) -- Russia’s Finance Ministry has cancelled Wednesday’s auctions for OFZ government bonds due to high market volatility, the ministry said in a statement on Tuesday.

“Due to rising volatility on the financial markets, the Finance Ministry informs that it will not hold the OFZ auctions on November 24, 2021 to ensure stabilization of the market situation,” the ministry said.

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