Russian Finance Ministry Prepares Issuance of OFZ-IN and OFZ-PD Bonds

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Russian Ministry of Finance Prepares Issuance of OFZ-IN and OFZ-PD Bonds

The Russian Ministry of Finance is preparing to issue additional series of bonds:

- No. 26218RMFS (maturing in September 2031) with a nominal value of up to 200 billion rubles;

- No. 26221RMFS (maturing in March 2033) with a nominal value of up to 200 billion rubles;

- No. 26233RMFS (maturing in July 2035) with a nominal value of up to 200 billion rubles;

- No. 26239RMFS (maturing in July 2031) with a nominal value of up to 200 billion rubles.

Additionally, a new series of OFZ-IN bonds No. 52006RMFS (maturing in June 2037) will be issued with a nominal value of up to 250 billion rubles (250 million units) before indexing.

OFZ-IN and OFZ-PD are types of Russian government bonds. OFZ-IN bonds are inflation-linked bonds, while OFZ-PD are fixed-rate bonds.

This overview was presented by Alexey Grishchenko, Ph.D., Professor at the Department of Operational and Sectoral Management of the "Higher School of Management" Faculty at the Financial University under the Government of the Russian Federation.