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Russia cancels weekly treasury auction for 2nd week in row
July 29, 2014 / 10:16 AM / 3 years ago

Russia cancels weekly treasury auction for 2nd week in row

MOSCOW, July 29 (Reuters) - Russia’s finance ministry said in a statement on Tuesday it was cancelling this week’s treasury bond auction due to “unfavourable market conditions”.

This is the second straight week the ministry has cancelled the auction. The ministry holds its weekly domestic bonds sales on Wednesdays and announces the planned sales volume on Tuesday. (Reporting by Lidia Kelly, editing by Elizabeth Piper)

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