Russia’s Finance Ministry places 30 bln rbl OFZ-IN bonds

MOSCOW, Dec 4 (PRIME) -- Russia’s Finance Ministry has placed 29.956 billion rubles of OFZ-IN 52002 government bonds with adjusted face value, maturing in February 2028, at an auction on Wednesday, it said in a statement.

Demand for the bonds totaled 69.416 billion rubles.

The cut-off price amounts to 96.115% of the face value, and the weighted average price stands at 96.2306%. The cut-off yield is 3.06% annually.

The ministry will also offer the remaining OFZ 26228 bonds maturing in April 2030 later in the day.

The authority said earlier it planned to offer a total of 420 billion rubles of OFZ bonds in October–December.

(64.1401 rubles – U.S. $1)

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