### Russian Finance Ministry to Offer Two OFZ-PD Bond Issues to Investors Today
The Russian Finance Ministry plans to conduct auctions for the placement of OFZ-PD bond issues No. 26252RMFS and No. 26228RMFS on May 20, 2026.
These bonds will be issued in the volume of the remaining amounts available for placement in the respective issues.
- **Issue No. 26252RMFS:** Maturity date is October 12, 2033. The coupon rate is fixed at 12.50% per annum for the entire term of the bond.
- **Issue No. 26228RMFS:** Maturity date is April 10, 2030. The coupon rate is set at 7.65% per annum for the entire term of the bond.
Bids for the auctions can be submitted through Moscow Exchange (PJSC Moscow Stock Exchange) and/or SPB Exchange (SPVB).
This overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management at the Faculty of Higher School of Management, Financial University under the Government of the Russian Federation.
*(OFZ-PD stands for Federal Loan Bonds with Fixed Coupon Payments, a type of Russian government bonds.)*