OFZ auctions scheduled for 27 December, 2017

 

The following OFZ issues are planned to be offered by the Ministry of Finance of the Russian Federation on 27 December, 2017:

-    OFZ № 26214RMFS (maturity date 27 May, 2020) in the notional amount of RUB 25.0 bn;

-    OFZ № 26222RMFS (maturity date 16 October, 2024) in the notional amount of RUB 10.0 bn.

 

RUB 32.2 bn is needed for full execution of 2017 domestic borrowing program. Respective OFZ amounts to be placed will be determined in accordance with Budget code, clause 113, excluding price excess above par and accrued interest.

 

Auctions schedule:

12:00 – 12:30 – placing bids for OFZ № 26214RMFS;

14:00 – cut-off price setup for OFZ № 26214RMFS;

14:30 – 15:00 – placing bids for OFZ № 26222RMFS;

16:30 – cut-off price setup for OFZ № 26222RMFS.