The Ministry of Finance declared the second OFZ auction of the day invalid
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Ministry of Finance acknowledged failed auction for the placement of federal loan bonds with a constant coupon income of issue 26240 maturing in July 2036 for 10 billion rubles. The reason is the lack of bids at acceptable price levels.
Previously failed was recognized auction for the placement of OFZ issue 26237 for 20 billion rubles. The reason is the same – due to the lack of applications at acceptable price levels.
September 20 Ministry of Finance announced holding two OFZ auctions for a total of 30 billion rubles. The agency last placed OFZs on February 9.
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