### Russian Finance Ministry to Offer Two Federal Bond Issues on February 11, 2026
The Russian Ministry of Finance (Mинфин) plans to hold auctions on February 11, 2026, for the placement of federal government bonds with fixed coupon payments (OFZ-PD) of issues No. 26250RMFS and No. 26249RMFS.
The bonds will be issued in the amount of remaining available balances for these issues.
- **Issue 26250**: Maturity date is June 10, 2037. The coupon rate is fixed at 12.00% per annum for the entire circulation period.
- **Issue 26249**: Maturity date is June 16, 2032. The coupon rate is fixed at 11.00% per annum for the entire circulation period.
Bids for the auctions can be submitted through the Moscow Exchange (ПАО Московская Биржа) and/or St. Petersburg Stock Exchange (АО СПВБ).
The overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the Faculty of "Higher School of Management" at the Financial University under the Government of the Russian Federation.